DB warns of packaged beer price rise next year

DB Breweries says the price of packaged beer will "inevitably" go up by as much as 5 per cent from March 1 next year due to spiralling costs.

Liquor is living up to its reputation as recession-proof for both brewers. Lion's New Zealand managing director Peter Kean said the performance of premium brands was still strong.

"I don't think it's drinking to forget, it's more a case of not giving up all your luxuries or all your treats."

Full Story