Beer’s affordability has risen by 22 per cent since 2012 while the affordability of wine and spirits has increased by 14 per cent over the same period, the study found.
The IAS study is the first to compare affordability in the off-trade – supermarkets and off-licences – with on-trade prices, using data up to 2016.
Using an affordability index adjusting prices for inflation and income growth, the IAS report suggests that increases in affordability since 2012 could be attributed to alcohol tax cuts.
However, these appeared to have done littl…
Daily Express :: Food Feed