Brewers say rising commodity costs and lower volumes are forcing them to raise its price tags.
NEW YORK (CNNMoney.com) -- Beer drinkers beware: The cost of a cold one is going up.
Brewers across the globe are hiking prices to compensate for lower volumes and higher commodity costs in the recession.
Anheuser-Busch InBev, the world's largest brewer and maker of Budweiser, announced plans to raise prices Tuesday.
"We plan on taking price increases on a majority of volume and in a majority of markets this fall," Anheuser-Busch InBev said in a statement. "The increase helps cover some input costs."
The U.S.-Belgian brewer said prices will go up "across different price tiers" including its high and low-end brands.
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5 comments:
that's no problem. Beer is easy to make. I have a home brew kit at home and make my own from time to time. They are only hurting themselves!
At least they are leaving smokers alone for now.Price increases in other vices are long overdue.
Anything but beer!
Really, though, it is easy and fun to make, and if you get a batch that doesn't taste so good, make whiskey out of it!
Homebrew looks better all the time-I can do 2 cases for around 25 bucks. Or head up to Evolution in Delmar. Screw the big boys before they screw you I say.
Don't worry about beer prices Prohibition is next on Obamas agenda
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