Thursday, 29 December 2011

The hyper-inflation of beer

Amongst my stocking fillers this year was a book titled The Book of Beer Knowledge from which I give you these statistics:

Pint of milk

1971: 5p

2007: 32p

= 640% increase

Pound of steak

1971: 60p

2007: 408p

= 680% increase

Sliced loaf

1971: 9.5p

2007: 88p

= 926% increase

Pint of beer


1971: 12p

2007: 224p

= 1867% increase

Aside from the enormous, above-inflation rise in the price of beer—despite the temperance lobby's disingenuous assertion that alcohol has become more "affordable"—I'm struck by how much the price of a pint has increased even since 2007.

The book was published by CAMRA so £2.24 pint was presumably the average cost of real ale, but anecdotal evidence tells me that the price must have risen to around £3 in the four years since, no? Does anybody have some 2011 prices to complete the picture?