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Will Alcohol Weather the Economic Storm?

Costs are going up for American consumers across the board, which begs the question, how will this effect the alcohol beverage industry? U.S. consumer prices reached the highest point in June since 2005 thanks to increased costs for fuel and food, reports Bloomberg. Prices increased 5% in the 12 months to June, the most since May 1991. The cost of living soared above its forecast at 1.1%, after a 0.6% gain the prior month, according to the Labor Department. Energy

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