Off-trade On-trade

May’s off-trade spirits prices up nearly 6%

Prices in licensed premises were up 4.5% in May compared to the same month in 2021 according to figures published by the Central Statistics Office recently.
Prices in the Restaurant & Hotel sector generally rose by 5.9% in May compared with the same month in 2021.

Prices in the Restaurant & Hotel sector generally rose by 5.9% in May compared with the same month in 2021.

The off-trade price increase comprised a 5.8% rise in spirits prices, a 4.5% rise in wine prices, a 4.6% increase in beer prices and a 3.8% rise in soft drinks & mineral water prices.

Licensed premises prices were up by just 0.3% when compared to the previous month, April.

This rise comprised a 0.3% rise in spirits, wine and beer prices and a 0.1% rise in soft drinks & mineral water prices.

Prices in the Restaurant & Hotel sector generally rose by 5.9% in May compared with the same month in 2021.

Off-trade alcohol prices were up 7.8% on those for May 2021 while they were up 3.3% on the preceding month, April.

The annual rise comprised an 11.6% increase in spirits prices, a 3.8% increase in wine prices and a 12.7% increase in beer prices.

Compared to the previous month, April, spirits prices rose 3.1%, wine prices rose by 5.8% and beer prices were up 0.3%.

Prices on average, as measured by the CPI, were 7.8% higher in May compared with the same month in 2021, the largest increase in almost 38 years, reports the CSO.

 

 

 

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