Diageo, which owns Guinness, has told its customers it's imposing a wholesale price increase from the 5th of March of 2.7% on a range of beer products in the pub and in off licences.
For the pint drinker this represents an increase on draught beer of 4 cent plus VAT per pint to customers.
This comes on the day the Competition Authority disputed claims that food prices have gone up.
The Competition Authority disputed claims made today that food prices have risen since the abolition of the Groceries Order.
The competition watchdog said the abolition of the Groceries Order has been good for consumers and that official data from the Central Statistics Office show that prices have fallen.
The authority said that since April 2006, CSO figures show that prices of items covered by the Groceries
Order have fallen by 1.5% to their lowest level since December 2002.
'Over the same period prices of items that were never covered by the Groceries Order such as fresh meat, vegetables and fish have risen by 2.3%', the Authority said.
'The price figures cited by the survey conducted by the Irish Examiner today are based on sub-set of the grocery items checked by the CSO (73 items). But in fact the basket of consumer goods and services used to calculate the monthly inflation figure comprises a total of 613 items', it said in a statement.
