The price of beer at Oktoberfest will rise by 16%

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    The annual Oktoberfest beer festival held in Munich raised beer prices to €13 per litre, up 16%. This was announced by the director of the fest Clemens Baumgertner in an interview with a television and radio station. Bayerischer Rundfunk. In 2020 and 2021, the event was not held due to restrictions imposed against the backdrop of COVID-19. Earlier, beer producers in Germany announced a rise in prices for the drink.

    “A liter mug of beer will cost an average of €13,” said Mr. Baumgertner. In 2019, the cost of a glass of beer was €11.9.

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    May magazine Spiegel With reference to the General Director of the German Union of Brewers Holger Aichele and Vice-President of the Union of Brewers Berlin-Brandenburg Stefan Fritsche reported that German brewers expect a rise in prices for beer by 30%. Among the reasons for the increase in prices, producers mentioned rising prices for electricity (250%), malt (70%) and euro pallets (150%).

    The increased cost of electricity in Europe is associated with a reduction in Russian gas supplies against the backdrop of the Russian military operation in Ukraine. As of August 2, the price of gas in Europe amounted to more than $2,200 per 1,000 cubic meters. m, February 23 – $ 1060 per 1 thousand cubic meters. m.

    Oktoberfest is the largest beer festival in Germany at the end of September. Its attendance before the pandemic reached 6 million people. Festival guests annually spent more than €1 billion on beer, snacks, souvenirs and taxis.

    Polina Sobakina

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