Wine, Beer and Booze Prices Get Higher

Mom-0-nomics
	Tax Hike New rules quietly slice money from your paycheck. TheTTheiIIn 2012 the amount could exceed your yearly supply of laundry detergent.
	More Money The average American saw her earnings rise more than prices. TheTTheiIFind out here if you're average.
	Drink Wine And four other important steps to out-smart high prices. TheTTheiIBeat the stores!
	Teach New thinking says economic education should be taught in grades K-12 and way beyond. TheTTheiIDon't be left behind.
	Win People lose money in the market but if laws were broken, you could be reunited with your cash. TheTTheiIDid you invest here???
	Saftey Your guide to car seats, booster seats and back seats TheTTheList of laws.
	Shhhh Other people's surprising shopping plans and their economic effects. TheTTheLook what's on the list
	Buy It Sept. and Oct. are months to buy a new car. WheWhy dealers are desperate.
	Move Shopping for a new place to live is a big economic decision. WheSee the most expensive cities.

Written by The Home Economist

Wednesday, 17 June 2009 13:44

These recession-defying products post high costs thanks to presumably strong sales. By Brett Graff, The Home Economist

Some alcoholic beverages are 80 proof, others are 40 proof but all, it seems, are recession proof. The - sorry - proof is in their prices, which are rising. Sure, every other good and service in this economy is deeply discounted, including the worst mixer possible for these products, cars. But prices for the sorrow-drowning drinks show no signs of slowing.

Last week in its inflation report, the government said booze prices rose by 3.0 percent. Compare that overall inflation - food, medical care, computers - which actually fell by 1.3 percent. The government hadn't posed the details yet, but looking at producer prices - that's what manufactures charge retailers (liquor stores and bars) - you can see why.

Look below.

Beverage	Price Change from May 2008 to May 2009
Bottled Beer	up 6.9 percent
Canned Beer	up 3.9 percent
Beer and Ale in Kegs and Barrels	up 8.0 percent
Distilled bottled liquor - except Brandy	unchanged!
Wines, Brandy and Spirits	up 2.7 percent