AB InBev: UK beer prices will rise in next two years

AB InBev’s president for Northern Europe, Jason Warner, has said that “there has to be an increase” in the price of beer as UK inflation rises.

Warner made the comments in a recent interview with The Sunday Telegraph, suggesting that the increasing costs incurred by the company in the UK could soon be passed on to the consumer.

Global brewing giant AB InBev, the owner of brands such as Corona, Stella Artois and Budweiser, is now the world’s biggest beer company, following the completion of its merger with SABMiller in October 2016.

“There has to be an increase,” Warner said. “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,” he added. He did not specify the extent of the expected price rise.

Since August last year, UK inflation has increased by 2% while the Consumer Price Index, which measures changes in the prices of consumer goods and services, has also risen from 0.6% to 2.6% (July 2017.)

In db‘s recent survey of the top 10 largest beer brands, AB InBev now owns five of the 10 brands listed and also controls the production and distribution of another, Skol, in South America – the beer brand’s biggest market. Its domination of the market combined with Warner’s inference that it will be increasing its prices, means that the change will be particularly noticeable for the consumer.

This follows news that, according to the Good Pub Guide, the average price of a pint in the UK has risen by 13p in the past year to £3.60. This year, however, for the the first time in the guide’s 36-year history, London is not the most expensive place to buy beer having been overtaken by neighbouring Surrey.

Read more:

TOP 10 BIGGEST BEER BRANDS

LONDON ENDS 36-YEAR STREAK AS UK’S PRICIEST PLACE FOR A PINT

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

Subscribe to our newsletters

Graphic Designer (NPD)

ATOM Supplies
Tunbridge Wells, UK

Press Officer

Speciality Drinks
London, UK

UK Private Clients Manager

Ditton Wine Traders
London, UK

London Business Development Manager

Maisons Marques et Domaines UK Ltd

Head of Buying - Spirits

Enotria&Coe
West London, UK

Liquid Production Supervisor

ATOM Supplies
Tonbridge, Kent, UK

Sales Account Manager – Cotswolds

Haynes Hanson & Clark
Gloucestershire, UK

Communications & PR Manager

Bruichladdich
Islay, UK

Senior London Account Manager

The Drinks Club
London, UK

On-Trade London Sales Executive

Domaine Direct
London, UK

Vinisud

Montpellier,France
18th Feb 2018

International Bulk Wine and Spirits Show

London,United Kingdom
26th Feb 2018

Spirited London

London,United Kingdom
15th Mar 2018
Click to view more

The Global Malbec Masters 2017

the drinks business is proud to announce the inaugural Global Malbec Masters 2017

The Global Sparkling Masters 2017

the drinks business is thrilled to announce the launch of The Global Sparkling Masters.

Click to view more