Pint price up 2p on October 2023

Data from the Office of National Statistics (ONS) showed while the price for August and September remained the same​ at £4.62, in October it increased by 5p to £4.67. This was followed by another rise in November of 2p to £4.69.

From the start of this year (January), ONS data shows the average price of a pint has risen from £4.23 to the £4.69 reported in November. This is a 46p rise and just over 10% in percentage terms.

The different between January and February was the biggest increase of this year with February prices at £4.45 – up from £4.23.

Previous years

Looking back to November in previous years, in 2022 the same month had an average price of £4.20 – 11.6% less than this year.

In 2021, the price was under £4 at £3.94 – around 6.6% less than November 2022 and almost a fifth (19%) less than this year.

For 2020, the records were null amid the coronavirus pandemic but in 2019, the price was 25.7% cheaper than this year at £3.73.

The average cost was just 1.6% less in 2018 compared to 2019 at £3.67, which equates to more than £1 less than 2023.

Inflation announcement

This comes as the ONS reported UK inflation dropped​ from 4.6% in October to 3.9% in November – the lowest it has been since September 2021.

However, this was met with calls for the upcoming rise in business rates to be reconsidered by the Government from trade bodies.

UKHospitality chief executive Kate Nicholls said while consistent reductions in the overall rate of inflation was good for the economy, it would feel far from reality for hospitality​ businesses.

Furthermore, the British Beer & Pub Association also said the overall inflation drop was positive, hospitality is not feeling the benefit.