00:00Angostura Limited prices on all of its manufactured rums will go up tomorrow, October 17th.
00:07According to Angostura, it comes with a recently announced increase in excise duty on rum and spirits,
00:13which took immediate effect as part of the 2025-2026 national budget.
00:19An excise duty is a tax levied by the government at the moment of manufacture,
00:23and is different from a customs duty which relates to imports.
00:27Angostura says for years it has absorbed increases to input costs to lessen the impact to its customers.
00:34However, it states that it is unable to do so this time in order to protect the jobs of its workforce,
00:40consisting of over 537 citizens of this country.
00:46In terms of an example of the new prices, the suggested retail price for a 750-milliliter bottle of Angostura 1919 is $350.
00:57Forest Park, 750 milliliters, $250.
01:01White Oak, 750 milliliters, $155.
01:09Carib Brewery Limited has announced a price adjustment on select beverages following the government's increase in excise duty on alcoholic drinks.
01:18Legal notice No. 376 increased excise duty from $5.14 tt to $10.28 tt per litre.
01:30Carib Brewery says the changes are effective for October 16, 2025 and apply only to products where necessary.
01:38The brewery has indicated the following price adjustments.
01:42Non-alcoholic Malta beverages and Shandy will retail at $10 tt.
01:50Bears, Carib and Stag will now be $13.
01:53Royal Extra Stout $15.
01:56And Guinness and Heineken $22.
01:59Products with no price change include Smirnoff Ice, Carribe Hard Cider, Vitamol, Ginseng Up, Smolta, Heineken, Zero Zero and Rockstone Tonic Wine.
02:11Carib Brewery said it remains committed to maintaining the pricing of products not affected by the adjustment
02:16and keeping communication open with the public, partners and stakeholders.
02:20From £12,000 to £16,000 to £15,000 to £16,000, £1,000 to £1,000 to £15,000 to £15,000, £6,000 to £600,000 to £12,000 to £100,000 to £15,000.
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