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Addis Ababa, Ethiopia - The price of beer has considerably increased; after the dominant beer producer BGI Ethiopia raised its prices. According to officials of the company the measure was taken after the price of raw materials for the manufacture of beer rose considerably.
Accordingly, draft beer from BGI of 30 liters, increased from the previous 121.60 birr to 135 birr, whereas bottled beers of brands. St. George and Bati cost 60 birr a crate, up from the previous 53 birr. A crate of the Castle brand now costs 74 birr, increasing from the earlier amount of 66 birr.
Surafel Alene, Sales Manager of BGI Ethiopia, told Capital that a substantial increase in raw materials for beer production forced the company to increase the market price of beer.
“We have seen an increase of raw materials up to 30%,” Surafel said. “Price of diesel and other increases in inputs forced us to increase the price.”
In some regions of the country, Harar and Bedele beers have also raised prices but Meta and Dashen have not yet made any adjustments to prices.
“Of course it would affect our revenue for a while but we are certain that it will adjust in the future,” the sales manager said.
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