Off-trade On-trade

Alcohol prices rise 3.5%

The price of alcohol rose 3.5% last October compared to the same month in 2013 according to CSO figures just released.

However they were down by 0.3% compared to the previous month, September and also over the three-month period August to October when compared to the previous three-month period.

In the off-trade, prices rose 3.4% over the 12 months to October while they indicated a decrease of 1.0% when compared to the previous month, September. The annual changes comprised a 2.5% rise in spirits prices, a 4.3% rise in wine prices and a 2.5% rise in beer prices.

Spirits prices fell by 0.7% compared to September while the cost of wine fell by 1.1% and beer by 1.2%.

In the on-trade, prices in licensed premises rose by 3.2% compared to October 2013 comprising a rise in spirits prices of 3.6% as well as a rise in wine and beer prices of 3.1%. Soft drinks and mineral water prices rose 1.4%.

Prices in licensed premises level-pegged with the previous month, September with only a 0.1% drop in prices for wine and beer.

On average, prices generally were 0.2% higher than October 2013 but they decreased by 0.3% compared to the previous month, September.

Sign up for Drinks Industry Ireland

Get a free weekly update on Drinks Industry trade news, direct to your inbox. Sign up now, it's Free