Monday December 31, 2007

UK beer prices may rise 60% in 2008 : Financial Times

bloomberg.com :

The price of a pint of beer may increase 60% in the U.K. in 2008 after the wet summer led to a poor cereal crop and costs rose, the Financial Times reported. Brewers are being forced to pass costs onto drinkers after the price of hops almost doubled, while barley increased by 40% and aluminum and glass package prices went up in recent months, the newspaper said, citing Bruce Davidson, an analyst at Blue Oar Securities.

- And so the saying goes, or so I am told : "woe betide him who comes between a man and his beer". The enemy is called inflation, lads. Inflation is coming between you and your beer.

(2007-12-31 23:17:42 SGT) [Biz] Permalink

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