Beer price hikes are brewing

Peacenik does not think this is the time to raise beer prices. Peacenik never thinks it is time to raise beer prices. What happened to deflation? Do you raise prices in a depression? Peacenik will continue to monitor beer prices.



By Jerry Hirsch

August 26, 2009

Here's some sobering news: Beer prices are going up.

The nation's two largest beer sellers said Tuesday that they planned to raise prices, although they provided few specifics.

"We feel like we will take a moderate price increase on our portfolio," said Peter Marino, spokesman for Chicago-based MillerCoors, maker of Miller Lite, Coors Light and Blue Moon. He blamed higher costs for the price hike.

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