The New York TimesThe New York Times

Inflation tightens its grip on Europe

By Patricia Cohen

31 Aug 2022 · 4 min read

Editor's Note

Price rises in the eurozone have hit a new record. The New York Times reports on how a beer factory in Estonia and other businesses across Europe are coping.

SAKU, Estonia — At the Saku beer factory in Estonia, the mammoth copper brew kettles sit side by side like household sink plungers stored on a shelf in a manor house for giants. The brewery has been around for 200 years, but this is the first time in memory that the company has planned two price rises — of 10% each — in a single year.

And even that double-barreled increase won’t be enough to cover the brewery’s skyrocketing costs, said Jaan Harms, a board member at Saku.

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