Beer Industry News, Insights, Jobs, & Events

CPI: On-Premise Pricing Outpaces Overall Inflation in December

CPI: On-Premise Pricing Outpaces Overall Inflation in December

The cost of an evening out continues to rise. The consumer price index (CPI) for a full service meal (+4.9%) and alcoholic beverages (+3.5%) away from home increased more than overall inflation (+2.7%) in December, according to the U.S. Bureau of Labor Statistics’ (BLS) latest CPI report.

Legislation Proposed to Push Back Hemp Ban

Legislation Proposed to Push Back Hemp Ban

An Indiana congressman has proposed legislation to push back the upcoming hemp ban for three years, allowing more time to carve out a regulatory framework for hemp products.

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Beer Institute: November Domestic Shipments Decline 3.6%; Mexican Imports Returned to Growth in October

Beer Institute: November Domestic Shipments Decline 3.6%; Mexican Imports Returned to Growth in October

Domestic beer’s volume losses continued in November with a 3.6% decline in shipments, according to data from the Beer Institute (BI). Tax paid shipments from U.S. breweries declined by 371,854 barrels year-over-year (YoY), to an estimated 10 million barrels, according to data from the Alcohol and Tobacco Tax and Trade Bureau (TTB), the BI shared Monday.

Circana December Report: Craft Grocery Losses Ease; C-Store Gains Accelerate

Circana December Report: Craft Grocery Losses Ease; C-Store Gains Accelerate

December sales reversed trends in different directions – mostly positive – among the top 30 craft brands tracked by market research firm Circana. While overall craft sales were squarely in the red in the multi-outlet grocery, mass retail and convenience stores (MULO+C) and grocery channel last month, the segment eked out growth in the convenience channel in both dollar sales (+3.7%) and volume (+1.8%) for the four-week period (L4W) ending December 28.