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Wine, Beer and Booze Prices Get Higher |
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Written by The Home Economist
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Wednesday, 17 June 2009 13:44 |
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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
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Source: Bureau of Labor Satistics
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Last Updated on Wednesday, 25 November 2009 02:08 |
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