On-trade beer prices up 2.5%

There was a 4.1% rise in the price of off-trade Alcohol and Tobacco products in the 12 months to October according to the Consumer Price Index published recently by the Central Statistics Office.

 

The price of Alcoholic Beverages in the off-trade rose by 2.3% in that 12 month period. These comprised a 1.4% increase in Spirits prices, a 3.3% increase in Wine prices and a 0.8% rise in Beer prices.

However October’s off-trade prices fell by 2.0% compared to the previous month, September 2021.

These comprised a 4.6% drop in Spirits prices, a 1.2% drop in Wine prices and a 1.3% drop in Beer prices.

Prices in the Licensed Premises sector showed growth of 1.7% over the year comprising a 2.3% rise in Spirits prices, a 0.3% rise in Wine and Soft Drink & Mineral Water prices and a 2.5% rise in Beer prices.

Over the month, prices in Licensed Premises grew by just 0.1%. These comprised a 0.1% rise in Spirits and Beer prices and a 0.2% increase in Wine prices.

According to the CSO, prices generally rose by 5.1% in the year to October.