Germany: Oktoberfest beer prices rise, outpacing inflation

The price of a liter of beer at Munich 's Oktoberfest has risen fivefold since 1985, far outpacing overall inflation in Germany , according to an analysis by UniCredit's chief economist in Germany, Andreas Rees. A Mass, the traditional 1-liter (2.1-pint) serving at Oktoberfest , will cost an average of €15.61 ($18.50) this year. In 1985, it cost about 6.25 Deutschmarks, equivalent to €3.20 after conversion at the fixed euro exchange rate. The figures were analyzed by UniCredit economist Andreas Rees ahead of the opening of the world's largest beer festival on Saturday. Beer prices at Oktoberfest have increased by around 400% since 1985, according to Rees, using data from Munich's statistical office.