E-Malt.com News article: Malawi: Carlsberg Malawi hikes prices by an average of 20%

Carlsberg Malawi has confirmed it has adjusted prices for beer and soft drinks by an average of 20 percent, Nyasa Times reported on April, 15.

With the new prices, the cost of 300 millilitre Carlsberg Green is now pegged at $0.7 (K300); while the 640 millilitre bottle is now selling at $ 1.13 (K470).

The brands of Carlsberg Special Brew and Stout are selling at $ 0.8 (K320) from $ 0.7 (K270).

Carlsberg Malawi corporate communications officer Towela Pilling attributed the price increases to “ a number of variables, including raw material costs, commodity price cycles, transportation, freight costs (fuel cost), exchange rates and the general inflation outlook.”

The brewer said they cannot completely rule out price adjustments in the course of time.

Economic observers say the price increase would impact on inflationary pressures.

Malawi inflation is hovering around 35 percent, according to National Statistics Office in Zomba.

17 April, 2013