The Labor Department recently reported that inflation was up 7.9% over the past year, sending the stock markets down, and causing the Federal Reserve to begin raising interest rates. This news landed amid the Russian invasion of Ukraine, one of the biggest grain producers in the world. Add to that the rising costs of aluminum, a historically bad year for barley, and high gas prices, and it’s clear that the cost of your pint of beer is almost certainly likely to rise. We thought it would be a perfect time to bring in the Beeronomist and walk us through the issues surrounding inflation, including the way it affects buyer behavior.
Beers tasted today: Cloudburst Kevin!!! and Reuben's Dream Team