Data

The Consumer Price Index (CPI) for beer away from home increased to +5.2% year-over-year (YoY) and +1% versus July, according to the U.S. Bureau of Labor Statistics.

Distributors noticed stronger beer trends this summer versus last summer, “despite headline concerns over the slowing category and ongoing Bud Light pressures,” Goldman Sachs analysts reported in the company’s latest Bev Bytes Beer Distributor Survey.

Non-alcohol spirits, wine and beer now have a market value exceeding half a billion dollars in off-premise channels, according to a new NIQ report on the category.

Domestic tax paid shipments for July were down -8.4% versus July 2022, to 12.8 million barrels, according to the Beer Institute (BI) in its latest round of economic reports.

The average case price for beer in grocery stores has increased +16.7% since 2019, with consumers now paying more than $4 more in 2023 than they were pre-pandemic, according to Bump Williams Consulting (BWC) founder Bump Williams in his monthly industry update.

Despite some ebbs and flows, on-premise sales velocity over the last 12 weeks (ending August 26) has remained flat versus the same period in 2022, according to CGA, a NIQ-powered on-premise market research firm.

On the latest Brewbound Data Club, 3 Tier Beverages consultant Mary Mills and Beer Institute VP of research Danelle Kosmal share a pre-Labor Day update on the beverage-alcohol trends so far.

Beer trends continue to improve in the off-premise, according to Circana in the market research firm’s monthly beer report.

The Beer Purchasers’ Index (BPI) for August shows “an opposite outcome to July 2023,” with at-risk inventory up and overall BPI down, according to the National Beer Wholesalers Association (NBWA).

The convenience channel is the strongest channel for beer, accounting for more than half of category dollar sales, according to NIQ data shared by 3 Tier Beverages.

Consumers are feeling less in the holiday spirit ahead of Labor Day, according to consumer insights firm Numerator. Numerator surveyed 518 consumers from August 2 to August 7.

Beer production and wholesaler supply levels have started to match up over the last 12-18 months, suggesting a divergence from the “out-of-whack” inventory trends that started in 2019, according to National Beer Wholesaler Association (NBWA) chief economist Lester Jones.

The latest Gallup poll of U.S. drinkers found that consumption habits have remained “relatively stable,” the firm reported Monday. Gallup’s “Consumption Habits” poll, conducted from July 3-27, found that 62% of Americans say they drink alcoholic beverages, hovering around the 63% average the poll has returned since 1939.

Craft brewery production volumes are down between -2% and -4% half way through 2023, according to the Brewers Association’s (BA) Midyear Survey.