Spirits prices up over 9% in February off-trade

The price of Alcoholic Beverages in the off-trade rose by 7.8% in February compared to February 2021 according to the Central Statistics Office with prices dropping by 1.8% in February compared with the previous month, January.

This rise in annual alcohol prices comprised a 9.3% rise in Spirits prices, a 4.2% rise in Wine prices and a 12.8% rise in Beer prices.

Over the month, Spirits prices fell 1.8%, Wine prices fell 2.9% and Beer prices fell 0.5% according to the CSO.

Licensed premises prices in February were up 1.3% on February 2021 and they were up by 0.1% on January 2022.

The annual picture for licensed premises comprised a 2.4% rise in Spirits prices, a 1.4% rise in Wine prices, a 1.1% rise in Beer prices and a 1.4% rise in Soft Drinks & Mineral Water prices.

Over the month, Spirits prices in Licensed Premises were up by 0.1%, while Wine prices fell by 0.2% and Beer prices remained the same. Soft Drinks & Mineral Water prices in Licensed Premises rose by 0.9%.

Prices generally rose by 5.6% in the year to February 2022, the largest increase in almost 21 years.