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The rollercoaster of alcohol news

The recent alcohol reports have been full of interesting news ranging from Qatar introducing a 100 percent “sin tax” on all alcohol products to increasing and decreasing alcohol volumes all over the board for the United States. Reports say distilled spirits sales have been up 3.7 percent, which is below the 4.6 percent growth seen in recent weeks. The beer purchaser’s index was also at a dip, at 46.9, below the previous year of 55.3. However it is not all negative, as wine sales have steadily grown about two percent in the past few weeks.

Source: Cowen, January 2019