The price of a pint of beer is about to shoot up, according to the world’s biggest beer company.
Jason Warner, who is AB InBev’s president for northern Europe, has warned that rising inflation means that pints in Britain are about to become more expensive.
Headline consumer price inflation jumped from 2.6 per cent to 2.9 per cent last month, while the core rate rose from 2.4 per cent to 2.7 per cent.
The Bank is currently predicting that CPI will peak at close to 3 per cent in October, with Governor Carney warning last month that pressure on families would continue for the next few quarters.
Clothing and footwear prices went up by over two per cent last month, likely helped by the fall in the pound, and the price of beer is likely to get the same treatment as brewers battle against increased costs.
Warner told the Sunday Telegraph that ‘”there has to be an increase” in the price of beer.
“We are starting to see the real inflation rate of the UK coming through and for our retail partners they will see it across all categories.”