Oktoberfest is back but inflation hits brewers, cost of beer
2 years, 3 months ago

Oktoberfest is back but inflation hits brewers, cost of beer

Associated Press  

MUNICH — Oktoberfest is back in Germany after two years of pandemic cancellations — the same bicep-challenging beer mugs, fat-dripping pork knuckles, pretzels the size of dinner plates, men in leather shorts and women in cleavage-baring traditional dresses. “Prices for everything have changed significantly this year,” said Sebastian Utz, head technician at Munich’s historic Hofbraeu Brewery, which traces its roots in the city to 1589. “These are prices that the German brewing industry has never seen before,” said Ulrich Biene, spokesman for the historic family-owned Veltins Brewery in Grevenstein, which is not one of the brands sold at Oktoberfest. Inflation is “running red hot in Germany” and could approach 10% by year’s end, said Carsten Brzeski, chief eurozone economist at ING bank. “You can see the enthusiasm has returned.” He downplayed concerns about such a big event during the pandemic, saying the spread of COVID-19 is “no longer the decisive factor” and adding, “Let’s see how it goes.” Some 487 beer breweries, restaurants, fish and meat grills, wine vendors and others will serve revelers at Oktoberfest, and opening hours will be even longer than in the past, with the first beer tents opening at 9 a.m. and closing at 10:30 p.m.

History of this topic

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2 years, 3 months ago
German inflation hits 29-year high as energy costs spike across Europe
3 years, 3 months ago
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6 years, 3 months ago

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