'Tax forcing up drink prices' – WSTA report

17 June, 2011

The Wine & Spirit Association says record tax increases are driving alcohol prices up across the board.

The organisation’s latest Market Report shows sales of spirits in the year to May 14 were flat in volume but 6% up in value.

Sales of wine dropped 2% in volume over the same period, while value sales rose 3%.

The report also showed a 42% drop in sales of wine in the sub-£3 category, while sales at between £3 and £4 were 20% down over the year.

At the same time, wine sales between £4 and £5 rose 24%.

Chief executive Jeremy Beadles said: “This year’s further above inflation increases in excise duty and the rise in VAT and other taxes have really fed through to prices and millions of hard-pressed consumer know it only to well.”




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Lifting the spirits

I were to sum up alcohol sales over Christmas 2017 in one word, it would be “gin”. At Nielsen, we define the Christmas period as the 12 weeks to December 30 and in that time gin sales were £199.4 million, which means they increased by £55.4 million compared with Christmas 2016. There’s no sign the bubble is about to burst either. Growth at Christmas 2016 was £22.4 million, so gin has increased its value growth nearly two-and-a-half times in a year. The spirit added more value to
total a

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