Study: Pabst prompting spike in price of cheap beer
The ‘ironic, downscale chic’ choice of hipsters, PBR has led the way as domestic brews see hikes in popularity—and consumer cost—at taverns and restaurants.
That bearded fellow in the flannel shirt at the end of the bar has been loading up on Pabst Blue Ribbon tallboys for the last couple of years, and the rest of us are suffering.
According to food researchers Restaurant Sciences, over the last seven months Bud, Coors Light, and Miller Lite have seen 3.5 to 6.8 percent increases in price.
The group’s leader, Chuck Ellis, told the New York Daily News: “I believe the single biggest driver in sub-premium beer price increases is indeed specifically PBR. It has become quite fashionable.”
PBR has seen “double-digit” percent increases in restaurants and bars.
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