The annualised off-trade figures comprise a 3.6% drop in spirits prices, a 0.8% rise in wine prices and a 3.5% drop in beer prices.
However July’s off-trade alcohol prices were up 0.5% on the previous month, June.
Between June and July this year off-trade prices for spirits rose by 0.1%, wine by 0.7% and beer by 0.5%.
Prices in licensed premises showed an increase of 1.8% over the year while prices went up by 0.1% from June to July this year.
The annualised on-trade figures comprised a 2.8% increase in spirits prices, a 0.7% increase in wine prices, a 2.4% increase in beer prices and a 0.4% increase in soft drinks & mineral water prices.
The monthly changes for July in the on-trade comprised a 0.3% increase in wine prices and a 0.1% decrease in soft drinks & mineral water prices. The other two category prices remained unchanged.
The most notable changes in the year were increases in Restaurants & Hotels (up 3.1%) and Alcoholic Beverages & Tobacco (up 1.3%).
The most significant monthly price changes were increases in Transport (up 2.6%) and Restaurants & Hotels (up 0.9%).
Prices in the Restaurants & Hotels sector increased primarily due to higher prices for alcoholic drinks and food consumed in licensed premises, restaurants, cafes etc and an increase in the cost of hotel accommodation, states the CPI report.
The Alcoholic Beverages & Tobacco sectoral prices rose mainly due to an increase in the cost of tobacco products and higher prices for wine sold in supermarkets and off licences.
Harmonised Index of Consumer Prices
Prices on average, as measured by the EU Harmonised Index of Consumer Prices, increased by 2.2% compared with July 2020.