Get ready for a price hike on your favorite beer. The Wall Street Journal reports that AB-InBev is planning to raise prices this fall on most of its products across the majority of the United States. Prices for Budweiser, Bud Light, Busch and the rest of St. Louis's favorite beers from AB InBev will likely be going up again soon. An AB InBev spokesperson confirmed for Fox 2, there are plans for another price hike this fall. Miller-Coors is also expected to raise prices. http://www.fox2now.com/ktvi-abinbev-beer-prices-082509,0,6721268.story Inflation
I can take the multi-trillion dollar bailout, I can take the socialism of America and I can take the Cuban health care model...but now this? Higher domestic beer prices?!?! A man can only take so much.
ahhhh . . . some of the most memorable hangovers of my life. Scrap Bar - Bud on tap could put you down for a week . . . To be young again just for a night . LOL
in this case, i wouldn't point to inflation as much as i would point to the results of a consolidating market. less competitors = less pricing tension. hopefully some of the smaller brewers take the opportunity to grab share by keeping their prices the same (or lowering them).