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Tuesday, 26 April 2011

Price of beer

According to data from the Office for National Statistics the declining value of money (i.e. inflation) means that a pint of beer could cost £8 by 2060.

I would find it more believable if they'd said £8 a pint by 2016, and even that may be a generous target.

6 comments:

  1. If inflation continues at 5% a year, a pint of beer that is £3 now will be £8 by 2031 :-(

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  2. Except of course the price of beer goes up by more than inflation. In 1972, a pint of bitter cost me 13p. If beer prices had gone up only by inflation, it would cost around £1-30 now.

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  3. My Dad was a pub manager. I can remember scoffing at him many years back when he said that the breweries were looking to introduce the 50p pint!

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  4. Yes, I too remember laughing at the steward of my college bar when he said we'd soon be paying 50p a pint.

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  5. i saw an American draught beer 5.0 on Sunday at £10 a pint how much will that be in 2060

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  6. When inflation was rampant in the late-seventies and I saw my 25p pint rise to 35p in just a couple of years, I made the prediction on New Years Eve 1979 that by the same year 10 years hence beer would be £10 a pint. Since then I've stayed away from making predictions of that nature.

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