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UK Drink Prices Rose By 5.2 Per Cent In January

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UK Drink Prices Rose By 5.2 Per Cent In January

The prices of alcoholic drinks in UK supermarkets went up by 5.2 per cent between December 2015 and January 2016, marking a sharper increase than is normally recorded over the period,TheDrinksBusiness.com reports.

Between December 2014 and January 2015, the increase stood at the lower figure of 3.2 per cent.

For the December-January period just passed, the UK’s Consumer Price Index recorded a growth of 0.3 per cent – a statistic which reflects the fall in food prices – as most supermarket chains implemented an array of price cuts at the beginning of the new year.

The prices of spirits was a driving force in drink-category price rises, increasing by 7.5 per cent. Wine went up by 4.8 per cent, and beer by 3.6 per cent.

© 2016 European Supermarket Magazine – your source for the latest retail news. Article by Peter Donnelly. To subscribe to ESM: The European Supermarket Magazine, click here.

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