03 September 2012

Shock! Horror! Calamity!

The price of a pint of Mahou in my favourite bar has increased from €1.50 to €1.80.  (Anguished wailing.)

All due to the VAT increase from 18% to 21%.  Not entirely clear why a 12.5% increase in VAT, accounting for a fifth of the total, should lead to a 20% increase in the price to the consumer.  But mustn't grumble - the price of a pint in the UK is slightly higher.


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