Consumer price index for beer increased 1.7% in Jan vs yr ago, per latest govt stats. Thatâ€™s in-line with increases over past few months, but beer CPI well behind +2.5% growth for all items in Jan, which had strongest monthly gain since Feb 2013. CPI for beer lagged increases for all items in 3 of last 4 months. But beer prices still runninâ€™ ahead of spirits/wine. CPI for spirits edged up just 0.3% in Jan vs yr ago while wine prices slipped 0.5%. Over last 12 mos thru Jan, CPI for beer was up 1.8% vs 1.4% gain for all items and was well ahead of spirits (+0.4%) and wine (-0.1%) pricing trends.
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