May BPI Comes Roaring Back

Dear Client: After April's lowest-since-we-can-remember reading of 35, NBWA’s Beer Purchasers’ Index came roaring back in May, with a reading of 66, four points higher than its 2019 reading. That's the largest month-to-month swing the index ever recorded.  Recall, the BPI measures distributor demand and purchases across all beer segments. Anything above 50 indicates segment expansion. PREMIUMS SET RECORDS, TRENDING BETTER THAN CRAFT AND IMPORTS. Many segments topped their May 2019 trends. But below premiums hit a record reading of