First coffee, now beer.
Last week, the Wall Street Journal reported that Starbucks has started charging more for some coffee drinks in a few markets, including the Raleigh area, before increasing prices everywhere.
This morning, the newspaper notes that Anheuser-Busch InBev and MillerCoors plan to raise prices in most markets. The two companies account for about 80 percent of U.S. beer sales.
The companies also raised prices about the same time last year. The latest move could create an opportunity for smaller rivals and local brewers to win customers.
Despite declining beer sales, prices continue to rise faster than other consumer goods. In July, the price of beer and other malt beverages for consumption at home rose 4.6 percent from a year earlier, according to Labor Department data.