MARKET MONITOR A graphic guide to the off-trade

11 July, 2008

Inflation is on the rise

The Consumer Prices Index of annual inflation - the government's target measure of inflation - was 3.3% up in the latest figures to May, from 3% in April. Food and non-alcoholic beverages - mainly meat and vegetable prices - drove it up. Other factors putting big upward pressure on the index were gas and electricity bills, which remained static but had dropped a year ago, and price hikes for books, newspapers and foreign holidays. There was a small upward pressure from alcoholic drinks and tobacco, as drinks prices - especially on spirits - rose after falling the year before. The government's inflation target for the CPI is 2%. The Retail Prices Index rose to 4.3% in May, from 4.2% in April.

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Hofmeister may need more than the bear essentials to succeed

So, George The Bear is back. Itís hard for some of us oldies to fathom, but there are those under, say, 40 who canít actually remember Hofmeister and feel the cultural jolt supplied by the return of both the bear and the beer whose marketing campaigns it used to front.

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Is blended Scotch overshadowed by single malt in retailers?

  • Yes
  • No
  • Don't know