Heineken Warns Inflation Will Lead to Beer Price Increase

Heineken Warns Inflation Will Lead to Beer Price Increase
Heineken beer bottles are seen at a bar in Monterrey, Mexico, on June 20, 2017. Daniel Becerril/File Photo/Reuters
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Heineken said on Feb. 16 that the CCP virus pandemic will affect its revenues for 2022, and that inflation and supply chain pressures are a significant factor.

The world’s second largest brewer, whose brands also include Amstel, Tiger, and Moretti, joins its rival Carlsberg in sounding caution over inflationary pressures that threaten to hinder their recovery.

Bryan Jung
Bryan Jung
Author
Bryan S. Jung is a native and resident of New York City with a background in politics and the legal industry. He graduated from Binghamton University.
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