Photo: Flickr via brentschmidt
Better stock up on brewskis before temperatures start to drop. Beer manufacturer Anheuser-Busch InBev confirmed to the St. Louis Post-Dispatch’s Tim Logan that it will indeed continue its tradition of jacking up prices on a host of popular beverages this fall (via Time Moneyland).
Logan reports: “By now the fall price hike ought to come as no big surprise. A-B raised prices by 3 to 5 per cent last fall. They raised them in 2010 as well. On a conference call today, chief executive Carlos Brito said the price of ingredients is climbing in the ‘mid-single-digits.’ So it’d be no shock to see the price of a can of Bud climb accordingly.”
That could mean consumers will pay as much as 5 per cent more for beer this fall. According to Beer Business Daily, that would tack on an extra $0.55 per case for products under the Budweiser brand and $0.65 to $0.75 for trendier labels like Bud Light Platinum and Bud Light Lime.
As Time Moneyland scribe Brad Tuttle notes, beer is one of the lesser tracked sales items throughout the year, but summertime is definitely the time to buy.
“Few shopping sites weigh in on the best time of year for beer prices, but a Dollar Stretcher post suggests “all summer especially around holidays such as Memorial Day, labour Day and July 4th,” as bargain season for all beverages, including soda, beer, and juice,” he writes.
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