Oktoberfest: Maß Bier auf der Wiesn kostet fünfmal so viel wie 1985
Inflation auf der Wiesn? Die Preise auf dem Oktoberfest steigen seit Jahren an, und zwar deutlich schneller als die Verbraucherpreise im gleichen Zeitraum. Ein Vergleich.
Munich – This year, Oktoberfest's half-liter of beer (Maß) is only slightly more expensive than last year, but over the long term, prices have quintupled since 1985. This "Wiesnflation" far exceeds Germany's general inflation rate, according to Andreas Rees, the chief economist at Unicredit in Germany. In a new newsletter, Rees writes that the city's mayor, Dominik Krause (Green Party), will tap the first barrel on Saturday during the opening ceremony.
The cost of a Maß of beer on the Wiesn is currently €15.61, which is 2.4% higher than last year. However, this year's beer price inflation is lower than the overall inflation, which is expected to be around three percent. The data for the Wiesn beer prices comes from the Munich Statistics Office.
Despite the impression many visitors get that Wiesn vendors have significantly raised prices over the years, the reality is that a Maß of beer cost only €3.20 in 1985, which was only a fifth of the current price. This represents an inflation rate of 400%. Consumer prices in Germany have only increased by 120% since 1985, according to Rees.
Therefore, while prices are rising overall in Germany, not everything is becoming more expensive.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
