LOCAL beverage giants Carib Brewery and Angostura have announced sharp price increases across their alcoholic portfolios, following the government’s decision to double excise duties on spirits, beer and tobacco in the 2026 national budget.

Finance minister Davendranath Tancoo, in his October 13 presentation, revealed that excise on spirits has increased from $79.25 to $158.50 per litre of pure alcohol, while beer duties rose from $5.14 to $10.28 by gravity.

Cigarette excise doubled from $5.26 to $10.52 per pack of 20, effective immediately under Legal Notice No 376.