Heineken to increase the price of a pint by six cent

The price hike will see around 6 cent added to the price of a pint across the company's range, which includes Heineken , Heineken 0.0, Coors, Tiger, Birra Moretti, Murphys, Orchard Thieves, Cute Hoor and Lagunitas IPA.

However, one pub trade source said that when other related costs are factored in, the extra price paid by customers could be as much 20-30 cent higher."Due to continued increases in underlying costs we need to adjust our pricing on our draught products," Heineken said in a statement. "A list price increase of 3% will apply to our draught product range and will come into effect on the 4th June 2024," it said.

"Despite our ongoing efforts to increase productivity and reduce costs, it is impossible for us to absorb all of the increased costs that we have been faced with, and therefore we need to adjust our pricing," it added.That change, which kicked in on Monday, drew criticism from vintners who described it as a"hammer blow" for the hospitality sector ahead of the busy tourist season.

Business Diageo Heineken Ireland Pint Prices

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Price of pint set to go up again as the third hike in 18 months set to kick inThe announcement was made by the brewer Diageo in a letter sent out to publicans
Source: IrishMirror - 🏆 4. / 98 Read more »

Russia's Baltika sues Carlsberg subsidiaries for damagesRussia's Baltika Breweries has sued four Carlsberg subsidiaries for damages amounting to 6.24 billion Danish crowns ($902m), Russian court filings showed, as the two parties fight over the future of Russia's largest brewer.
Source: RTEbusiness - 🏆 16. / 61 Read more »

Price of a pint to rise once again as Diageo announces further price hikesDiageo is increasing the price of Guinness by the equivalent of 6c per pint and the price of Guinness 0.0 by 9c per pint.
Source: NewstalkFM - 🏆 19. / 55 Read more »

Dublin pub reduces price of a pint of Guinness to €5 despite Diageo price hikeThe popular pub in south Dublin announced that the price reduction on a pint of Guinness would come into place on the same day that Diageo's latest price increase takes effect
Source: IrishMirror - 🏆 4. / 98 Read more »

Publicans blast latest pint price hike branding it 'a critical hit'The VFI voiced 'deep concern' over the timing and magnitude of this increase and called for Government support
Source: IrishMirror - 🏆 4. / 98 Read more »

Price of a pint to rise in Irish pubs from AprilIt's man stuff
Source: JOEdotie - 🏆 31. / 51 Read more »