Liquor sales are up — and so are the prices

By | December 4, 2012 | Comments

Liquor sales are up nearly 3 percent since the state got out of the liquor business in June. Prices are also up — a standard liter of liquor now costs an average of $2 more per bottle than last year.

About 13.6 million liters of liquor were sold from June through September this year, compared to 13.2 million during the same period a year ago, when state liquor stores were still in business.

Consumers purchased about 8 percent more spirits when compared to last year, according to figures released today by the state Department of Revenue.

Bars and restaurants, meanwhile, are buying less — there was a 13 percent drop in liquor purchases from businesses from June to September. The revenue department speculates that’s because businesses stockpiled in May, before the privatization law went into effect.

A year ago, the average retail price for a liter of liquor, including taxes, was $21.58. The same bottle now costs an average of $24.09 — a nearly 12 percent increase.

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