A major beer maker says shoppers are finally balking at rising prices — and it could signal inflation's near its peak

Jan 7 2023 by Business Insider

 
The average price of beer in the US increased nearly 8% from November 2021 to November 2022, according to Moody's.

Corona Beer on Instagram

Supply chain costs have driven up beer prices. Brewers are waiting to see when consumers get fed up, as beer tends to be "recession-resistant." The maker of Corona says customers have started to buy less beer where prices are highest.

It takes a lot to waive beer drinkers off the bottle. And for that reason, beer sales are a solid indicator of the state of...

Continue Reading A major beer maker says shoppers are finally balking at rising prices — and it could signal inflation's near its peak