Off-trade On-trade

Off-trade wine prices rise 1.2%

The price of Off-Trade alcohol rose by 0.4% last November compared to the same prices a year ago according to the Consumer Price Index.

 

Compared to the previous month, November's off-trade wine prices were down by 2.8%.

Compared to the previous month, November’s off-trade wine prices were down by 2.8%.

This price rise comprised a decrease of 1.2% in off-trade spirits prices and a 1.4% rise in wine prices.

Compared to the previous month, October, November’s off-trade alcohol prices fell by 2.9% comprising a 5.8% fall in spirits prices, a 2.8% fall in wine prices and a 1.4% fall in beer prices.

The price of Alcohol in the off-trade rose over the year mainly due to higher prices for wine sold in supermarkets and off-licences.

Prices in Licensed Premises rose by 1.6% in November compared with November 2020. The rise comprised a 2.0% rise in spirits prices, a 0.7% rise in wine prices and a 2.2% rise in beer prices.

Over the month, prices in Licensed Premises grew by just 0.1%. This comprised a 0.1% rise in the price of spirits, wine and beer as well as a 0.2% rise in soft drinks & mineral water prices.

According to the CSO’s Harmonised Index of Consumer Prices, Restaurants & Hotel prices increased primarily due to a rise in the cost of hotel accommodation as well as higher prices paid for alcoholic drinks and food consumed in licensed premises, restaurants, cafes etc.

Prices on average, as measured by the CPI, were 5.3% higher in November compared with November 2020. This is the largest annual change in prices since June 2001.

 

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