Will 8.5% Inflation Help or Hurt Alcohol Beverages?

We’re not sure, but if we were to bet, we’d  say it probably will lead consumers to buy less-expensive brands for a while.  That 8.5% rate is the highest in four decades, and is blamed on skyrocketing energy and food costs, supply constraints and strong consumer demand stoked by the anti-Covid measures of the last couple of years.

Measures being taken by politicians — whether they are gas tax holidays or, as President Biden called for yesterday, increasing teh ethanol percentage in gasoline to 15% from 10% — won’t make any difference.

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