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InBev and Coors are among the major brewers to have
announced another round of price increases, meaning
drinkers could soon be faced with paying up to ?4 a
pint.
From today, InBev is hiking the price of Stella Artois,
Beck?s and Tennents by around 3p a pint. The cost of
Carling and Grolsch, meanwhile, will increase by a
similar amount from 29 September, with brewer Coors
having previously raised its prices in February.
Tetley?s is set to lift prices in October, while
Marston?s ? brewer of Pedigree ? is adding 10p to the
cost of a pint.
?These are extraordinary times for beer,? Coors UK chief
executive Mark Hunter told The Sun. ?We are seeing cost
inflation of a magnitude that could cripple the UK beer
industry.?
He added: ?We have battled hard against the current
trading environment. But the severity of inflationary
increases since the beginning of 2008 significantly
exceeded expectations.?
?The current wave of price increases means ?4 a pint
will be far more commonplace this year,? a spokesman for
the British Beer & Pub Association told The Observer.
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