According to the Bureau of Labor Statistics most recent edition, beer prices have increased 4.5 percent over the past 12 months to May.
“That’s way faster than it’s been [rising] over the last decade, which has been like one and a half percent,” Michael Uhrich, the founder and chief economist at Seventh Point Analytic Consulting, and the former chief economist of the Beer Institute told VinePair.
Predictions are that beer prices will continue to increase due to a number of factors. The biggest question facing craft brewers is how will the price hikes impact the craft consumer. And will the global brewers be able (and willing) to artificially keep price down on their own faux craft brands, at the expense of independent craft brewers.
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