Reasons Why Beer Prices Have Gone Up So Much
June 2, 2023 9:59PM EDT
We meet oktoberfest. Hand of bartender pouring a large lager beer in tap. Pouring beer for client. Side view of young bartender pouring beer while standing at the bar counter
Inflation is hitting beer drinkers financially, with prices rising an average of 5.9% at grocery stores and other retail locations in the past 12 months.
The biggest reason for the price increase is due to packaging and transportation costs rising. Despite these factors, many of the world’s major brewers have seen profits increase.
Beer prices have been on the rise for the past two decades, with retail beer prices increasing by 72% since 2000.
What’s the most you’re willing to pay for your favorite beer at the grocery store? What’s the most you’ve ever paid for an alcoholic beverage?
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