Spirits Growth Accelerates in Control States

Dear Client: Spirits volumes grew 2.9% in August, reports UBS based on NABCA data (which tracks control states) for the month. But that growth was against easy comps of -1.3% in August 2009. Price/mix gained 0.4%. In the 12-months through August volumes grew 1.9%, up 0.4% since July. Value growth was 3.3% in the 4-weeks and 2.4% in the 12-months. Price/mix gained 0.4% compared to the rolling 12-month average of 1% of year over year.DIAGEO. Diageo's volumes grew 1% in