The Czech Republic: Budějovický Budvar brewery planning price hikes in the coming weeks

Czech Republic’s Budějovický Budvar brewery is planning to increase the price of beer by five to eight percent in the coming weeks, Czech Television reported, citing the company’s management.

Draught beer will go up by one crown, bottled beer by one to two crowns. The average price increase for packaged beer will be around CZK 1.50.

Other breweries are also upping the price of the most popular alcoholic beverage in the country. Plzeňský Prazdroj announced at the end of August that it would raise the price of its products by around six percent as of October. The reason cited was higher costs of energy, packaging and transport.

E-malt.com, the global information source for the brewing and malting industry professionals. The bi-weekly E-malt.com Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to E-malt.com. If you are a Castle Malting client, you can get free access to E-malt.com website and publications. Contact us for more information at marketing@castlemalting.com .