Mexico: Inflation does not spare even beer, has its biggest rise in 12 years

If you are one of those who goes to the party and says "I put for the chelas", think twice, because your pocket may suffer because it is one of the products that is a victim of inflation and that its price has skyrocketed this 2022. Inegi data show that the price of beer increased 11.2% during September of this year compared to the same month of 2021, which meant the greatest variation in more than 12 years (151 months). Beer, like many other goods in this category, has suffered the effects of high prices, especially the inputs used for its production, such as malt, water, hops, yeast and sugar. In addition, since it is one of the most popular beverages among Mexican palates, the increase in its price is above other products such as wine, rum and tequila. Only brandy had an increase that surpassed chela, reporting an annual variation of 11.6% in September, the highest in almost 22 years. In June of this year, Expansión published that another factor behind the rise in beer prices ...