GERMANY: 2007 beer prices expected to rise - report
The price of beer in Germany is set to rise sharply next year, according to reports.
Agence France Presse said yesterday (29 November) that rising malt prices and energy costs, as well as the impending rise in value-added, or sales, tax will hit beer prices in the country in 2007.
Citing the CEO of Radeberger, Germany's largest brewer, AFP noted that the price of a 20-bottle case of beer could go up by as much as EUR1 (US$1.30) in 2007. "The market is going to have to get used to a price of EUR15 per case," Ulrich Kellmeyer told the news service.
Last year, per capita consumption amongst the German population aged over 15 was 129.4 litres, AFP added.
Germany's largest brewer Radeberger Gruppe is awaiting anti-trust approval for the acquisition of drinks wholesaler Getraenke Schenker....
InBev has reportedly finalised the sale of German brewer Dinkelacker-Schwaben Bräu....
Brau Holding International, Germany's third-largest brewer, has insisted flagship brand Paulaner is not for sale amid reports that rival brewer Radeberger is eyeing the wheat beer....
InBev is looking to close the sale of another of its breweries in Germany by the end of the year....
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