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by lifeisstillgood
1917 days ago
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I am not sure about this. I know there is a lot of controversy over inflation measures (mostly the basket of goods used, impact of tech in holding down the basket) I take a unscientific approach in that I had a bar menu from 1971 (my birth year) showing the prices in old and new money. A pint of Skol was 5 new pennies in 1971, and today you can find an equivalent pint of lager at about 5 pounds. So that's 100 fold increase in my lifetime. A lot of that came out of the 70's and early 80s but current inflation does, anecdotally, seem higher than 1-2% a year. |
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Ale prices themselves have increased 73% since 2000, lager 85%, according to beerandpub.com
Annecdoatally in 2002 I was paying £1.60 in a student bar in the south west. Earlier this year I paid over £5.50 in a sam smiths in london, you might think it’s increased, but those were two very different pubs though. London prices are far higher than the majority of the country, and the range is even higher now. Perhaps CPI should be measured on a regional basis, as rents in london increased due to high demand and high paying jobs, prices of goods and services had to also.
Since 2008 according to the British beer and pub association, annual beer inflation has been 2.8%. The most expensive beer since 2008 has increased on average 5% a year.
Beer will be higher inflation than other measures like Big Macs as the tax has increased on it - both duty and vat. Pre tax beer prices were 1.43 in 2002, 1.91 in 2008 and 2.42 in 2019.
That’s an 08-19 increase of 2.2%