Beer Prices Lagging Inflation So Far in 2010, but Ahead of Liquor/Wine
After outpacing inflation in 2 of last 3 yrs, and significantly so in 09, consumer price index for beer at home rose less than CPI for all items Jan-Feb, 2010. Beer CPI rose 2.1% for 2 mos, vs +2.4% for all items. (Beer CPI flat since Nov-Dec 09.) Meanwhile, off-premise prices for spirits up just 0.8% Jan-Feb and wine prices dipped 1.3%.
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