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

12th September, 2017 by Phoebe French

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Your email address will not be published.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

Private Client Sales

Genesis Wines
London, UK

Head of Sales

Bimber Distillery
London

Compliance Manager

Atom Supplies Limited
Tunbridge Well

Customer Services Team Leader

Speciality Drinks Ltd
London

ViVAS Wine - Category Development Manager

ViVAS
Harlow and Stowmarket or Salisbury, UK

Fine Wine Logistics Coordinator

IG Wines
London, GB

Brand Ambassador East Coast USA - Ableforth’s

Maverick Drinks
New York - field-based, USA

Brand Ambassador West Coast USA - Ableforth’s

Maverick Drinks
San Francisco / Los Angeles - field-based, USA

Global Travel Retail Manager

Maverick Drinks
London, UK

Portfolio Ambassador - Europe

Maverick Drinks
North West Europe - field-based, UK

Almaviva 2015 Vintage and Vertical Tasting

London,United Kingdom
28th Sep 2017

TFWA World Exhibition & Conference

Cannes,France
1st Oct 2017

Franciacorta London Festival

London,United Kingdom
2nd Oct 2017
Click to view more

Global Chardonnay Masters 2017

Deadline : 29th September 2017

The Global Riesling Masters 2017

Deadline : 29th September 2017

Click to view more

Champagne Masters 2017

The only Champagne blind tasting in the UK, the competition will reward the best wines in the following categories:

The Global Rosé Masters 2017

With wines from the palest of pink to almost ruby red, bone dry to almost cloyingly sweet, reductively handled to barrel-aged, as well as gently spritzy to fully sparkling.

Click to view more