Priciest pints in the UK revealed
Money Guru has uncovered a pint postcode lottery across the UK with the priciest in the south of the UK.
The most expensive pint at £5.19 was in London, followed by Oxford at £4.57, Edinburgh’s average cost of a pint was £4.35, Bristol was in fourth place at £4.32 and Winchester was fifth most expensive at £4.30. This means a beer in London is more than double (55%) the price of a beer in Carlisle.
When it came to the cheapest pints, Carlisle topped the list with the average price at £2.35 followed by Chelmsford in Essex at £2.60.
In third place was Newport, south Wales at £2.75, Armagh in Northern Ireland was £2.78 and in joint fifth place was Salisbury in Wiltshire, Lancaster and Newry in Northern Ireland, all with an average pint cost of £2.80.
Beer prices across the world
Money Guru also collected statistics on prices from around the world including on average, the price of a single beer in Dubai, UAE, standing at £9.
This news followed big brewers announcing their 2018 price hikes at the beginning of this year (January).
AB InBev and Molson Coors said beer prices were rising to above inflation, making some beers and ciders up to 3.9% more expensive than in 2017.
AB InBev, which produces Bass, Boddingtons, Budweiser, Corona and Stella Artois, increased prices by 3.9% across its portfolio.
A spokesperson said this reflected ongoing pressure on the beer industry and the UK economy.
Prices up
Molson Coors pushed its prices up, with the average rise in the cost of its beers and ciders ranging between 3% and 3.2%.
The brewer said the price hike was due to increasing costs. A spokesperson added: “At Molson Coors, we are constantly working to manage the variety of different costs associated with the production and supply of our beers.
“However, increases in the cost of packaging materials, utilities and raw ingredients have meant it is necessary to increase our prices.
The price increase has been kept to a minimum level required to enable us to continue to invest in our business and customers, and to deliver great customer service and well-supported beer brands.
“The price increase varies from brand to brand, however, the average increase is between 3% and 3.2% across our portfolio.”