Carlsberg warns of rising beer prices
Carlsberg is warning of price increases in most of its international markets because of a rise in its own costs.
The brewer admits it has underestimated the effects of an increase in raw materials, partly driven by a poor grain harvest in Russia which has pushed up barley prices.
Chief executive Jørgen Buhl Rasmussen told the Financial Times: “We are facing higher input costs than previously expected and this will require price increases across most of our markets.”
In this week’s OLN Beer Report, Carlsberg emerges as the off-trade’s fourth best selling beer, with sales up 13% in the year to October 2.