Beer Pricing Still Below CPI

Dear Client:  The latest CPI shows another month of relatively tame bev alc pricing, particularly in the off premise.  Altogether, bev alc pricing was up 2% year over year in September, but at-home pricing was up just 0.3%. Beer at home rose 1%, spirits at home increased 1.8%, while wine at home remained in deflation, down 1.2%.  General CPI came in at 3%. Though beer at home held at or above 1% for a second straight month, it still marks