Off-trade wine prices fall 10%

Margins for the off-trade wine retailer continue to be squeezed. Margins for the off-trade wine retailer continue to be squeezed.

Off-trade prices for alcohol fell 4.6% in the year to last August.

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13 September 2017 | 0

This fall comprised a fall of 0.6% in spirits prices, a 9.8% fall in wine prices and a 1.3% rise in off-trade beer prices according to CSO figures.

Compared to the previous month, July, August’s off-trade alcohol prices showed a 1.8% fall comprising a 1.9% drop in off-trade spirits prices, a 2.5% drop in wine prices and a 0.7% fall in beer prices.

Prices in the on-trade, by comparison, showed growth of 2.9%. This comprised increases in prices of 3.3% for spirits, 2.3% for wine, 2.9% for beer and 2.8% for soft drinks and mineral waters in licensed premises.

Compared to July, licensed premises prices were up 0.3% comprising a rise of 0.3% for spirits, a rise of 0.1% for wine, 0.2% for beer and 0.5% for soft drinks and minerals.

Overall, alcohol prices rose by 0.8% in the year to August and by 0.3% in the three-month period June to August compared to the same three-month period in 2016. Compared to the previous month, July, alcohol prices fell by 0.4% in August.

Nightclub admission charges fell by 3.5% over the year.

 

 

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