Beer prices rice due to drought continuation in Australia
The price of beer and other Australian staple products such as bread and meat are expected to rise in New South Wales due to a prolonged drought, according to The Australian.
September's lack of rack put 80 percent of the state into a drought, according to NSW Prime Industries Minister Ian Macdonald. He also said that the estimations for next winter's March and April crops have been lost.
Price increases of up to ten percent are expected within about a month, The Australian reported.
"Wheat and barley are among the crops hardest hit with the knock-on effect hitting beer drinkers and raising the price of bread," The Australian said.
The barley shortage is not expected to affect the taste of beer, however, according to Macdonald.