2003News

Let there be beer

El Caribe reports that the makers of the most popular beers in the Dominican Republic, Presidente, Quisqueya and Bohemia, have been forced to raise prices by 13%, due to increased costs. This hike is the latest in a total of 23% in price increases this year. In a press statement read by the Dominican Association of Beer Manufacturers (ADOFACE) spokesperson, Ana Isabel Acosta, the breweries said that they had been trying to keep the prices stable. A case of large-bottle Presidente will go from RD$620 to RD$704 and the smaller sized bottles will go from RD$300 a box to RD$487, according to the paper. Owners of small shop owners (“colmados”) have been reporting a sharp drop in sales.