Consumers of alcoholic and non-alcoholic beverages made by Carlsberg Malawi Limited will from today have to pay more to have a sip following a price hike confirmed by the company.
Effective today, Carlsberg Malawi has raised the prices for its beer by between 12 percent and 18 percent while the cost of non-alcoholic beverages has been hiked by between 12 percent and 25 percent depending on the outlet.
In a statement made available to The Nation yesterday, the company said the price adjustment has been implemented in view of rising inflation rate and depreciation of the kwacha which has a direct bearing on the cost of imported raw materials.
Reads the statement in part: “Price stability is extremely important to Carlsberg in Malawi and we are very pleased to confirm that our weighted average price increase is below CPI [consumer price index] and is expected to be below projected 2016 inflation rates.”
According to the new price structure, non-alcoholic beverages such as Fanta, Coca-Cola and Sprite will be selling at K180 ($0.32) from K160 ($0.29) per 300ml returnable glass bottle while Carlsberg Green is now at K450 ($0.80) from K400 ($0.71) per 333ml bottle. The price of two-litre Sobo squash has been increased to K1 500 ($2.68) from K1 200 ($2.14).
The company last adjusted prices in November last year at an average of 23 percent for soft drinks and 14 percent for beer.