September Consumer Price Index for Beer at Home +4.7% YoY, +5.7% Away from Home

The Consumer Price Index (CPI) for beer at home in September increased +4.7% year-over-year (YoY) and +0.4% compared to August, according to the U.S. Bureau of Labor Statistics.

Beer at home outpaced YoY increases in the CPI for total alcohol at home (+2.9%), spirits at home (+3%) and wine at home (+1.4%).

Month-over-month (MoM), wine at home recorded the steepest increase in CPI at +0.5%, followed by total alcohol at home (+0.4%, tied with beer at home) and spirits at home (+0.2%).

The CPI increase for beer away from home YoY (+5.7%) trailed total alcohol away from home (+6.4%), spirits away from home (+7.8%) and wine away from home (+6.7%). Compared to August, the CPI for wine away from home (+1.2%) recorded the steepest increase, followed by total alcohol away from home (+0.9%), beer away from home (+0.8%) and spirits away from home (+0.7%).

Nearly all categories of the bev-alc industry outpaced the CPI for all items, which increased +3.7% YoY before seasonal adjustment and +0.2% MoM.