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Alcoholic Beverage Prices are Up

The CPI for Alcoholic Beverages (Off-Premise) was up 1.7% for June, which is above the prior month’s 1.0% increase and represents the 16th consecutive month of positive pricing.

The CPI for Alcoholic Beverages (On-Premise) increased 1.9% this month, which is in line with last month’s pricing.

The CPI for Beer (Off-Premise) was up 1.9% this month, which is above last month’s +0.9% pricing.

The CPI for Spirits (Off-Premise) was down 0.5% this month, which is below last month’s -0.3% pricing.

The CPI for Wine (Off-Premise) was up 2.1% this month, which is above last month’s +1.5% pricing.

Source: CITI, July 2018