Alcohol prices fall 0.2% in February

Alcoholic beverage and tobacco prices fell 0.4 per cent in February on the January figure, according to recently-published CSO figures.

These were up 2.5 per cent over the course of the year and up by 3.6 per cent in the three-month period to the end of February.
Price decreases were recorded in February for off-trade spirits (2.8 per cent), beer (1.0 per cent) and wine (0.4 per cent).

Overall alcohol prices were down 0.2 per cent over the 12-month period but they were up 1.1 per cent over the three-month period and up by 0.1 per cent on January.

For the year spirits prices were down 5.4 per cent while wine was down 1.8 per cent and beer by 4.1 per cent resulting in a drop in alcohol prices generally of 3.7 per cent.

Prices in Licensed Premises were up 1.2 per cent in the year to February 2012 comprising a rise in Spirits prices of 1.4 per cent, Wine 0.7 per cent, Beer 1.3 per cent and Soft Drinks & Mineral Waters 0.7 per cent.

Comparing on-trade prices to January, February showed prices in Licensed Premises up 0.5 per cent, those for Spirits, Beer and Soft Drinks & Mineral Waters up 0.6 per cent while Wine price

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