Peru: ISC will be critical for the category, will affect wineries and related sectors, and will directly impact consumers

The Peruvian Beer Chamber warned that the recent approval of the indexation of the Selective Consumption Tax (ISC) on beer would impact not only the entire category – especially craft beers – but also the companies and people that are part of its production and marketing chain, and to consumers. “Among those who make up our value chain, there are more than 300 thousand wineries, for which beer represents approximately 30% of their income. But there are also other sectors that would be affected by the ISC, such as bars, restaurants, hotels, among others. In the end, it will have a direct impact on consumers,” said Carla Sifuentes, general manager of the Peruvian Beer Chamber. In this sense, Sifuentes stressed that the Ministry of Economy and Finance (MEF), contrary to what its head, Alex Contreras, pointed out, has not taken into account either the economic situation of the country or that of the category. “In 2022 we had the highest inflation in the last 25 years and during 2023 ...