Beer prices expected to rise sharply

The Association of Czech Beer Brewers has announced another significant hike in the price of beer. According to the president of the association, Michal Voldřich, the higher costs of energy and raw materials such as malt and hops, will send up the price of beer by an average 10 percent as of June. Most breweries increased their prices in the spring and further increases can reportedly be expected at the end of the summer, when many breweries will see their contracts with energy suppliers expire, forcing them to accept less favourable tariffs.