The Price of a Pint goes up?

Pint of GuinnessBack in the beginning of March drinks giant Diageo (those are the guys who own Guinness, among many, many other drinks) announced that they would be raising the price of a pint by 2.7% (about 4 cents) to “offset the rising cost of raw materials and energy prices.”

I have been watching the price of a pint around the town and have yet to see the prices rise.

Here in Athlone a pint of stout will cost you anywhere from €3.20 to €3.80, depending on where you go. In Dublin, it can be €4.20 or more.

Back in 1947, the price of pint was less than 4 cents.

Below is a chart showing how the price of a pint has changed from 1969:

Year 

*Mfg Industry
Avg Weekly Wage Euros

  


Pint
€

Euros

 

Ratio
           
1969 19.63   0.20   100
1973 38.30  

0.24

   159
1976 67.65   0.48   140
1979 104.91  

0.70

   150
1983 182.42   1.37   133
1984 204.65  

1.48

   138
1985 220.96   1.52   145
1986 237.44  

1.64

   144
1987 249.56   1.73   145
1988 261.39  

1.80

   145
1989 271.91   1.87   145
1990 282.39  

1.93

   146
1991 294.77   2.02   146
1992 306.63  

2.15

   143
1993 323.10   2.24   144
1994 332.54  

2.34

   142
1995 339.92   2.42   140
1996 348.38  

2.50

   140
1997 360.01   2.52   143
1998 374.83  

2.65

   142
1999 396.54   2.74   145
2000 423.24  

2.88

   147
2001 456.97   3.01   152
2002 483.05  

3.24

   149
2003 511.78   3.41   150
2004

534.95

  

3.54

  

151
2005

557.95

  

3.63

  

154

*for
both Males and Females. The Average Weekly Manufacturing Earnings for a male in 2005
was €609.75; Female Weekly Earnings were €431.07.

The
average price of a pint of stout in Dublin in November 2005 was 
€3.79. The average price of the five lowest in the CSO sample was €3.44
while the average prices of the five highest in the sample was €4.07.