Subdued start to March as drinks sales dip 3% year-on-year
The cost of living crisis and poor weather held down drinks sales in the first full week of March after a solid first two months of 2023.
The cost of living crisis and poor weather held down drinks sales in the first full week of March after a solid first two months of 2023.
Britain’s On Premise continued a strong start to the year for drinks sales with year-on-year growth of 12% in the week to last Saturday (11 February).
Drinks sales have beaten 2022’s levels for the fifth week in a row despite rail strikes around Britain—but the pace of growth is slowing.
Britain’s On Premise ended January with another week of strong year-on-year sales growth, as operators fought to overcome the effects of the cost of living crisis and Dry January.
With ‘Dry January’ leading millions of consumers to focus on the soft drinks market, a new report from CGA by NielsenIQ and Fentimans highlights the big sales opportunities in 2023.
Britain’s On Premise has recorded a third week of inflation-beating drinks sales growth—thanks in part to strong soft drinks spending during ‘Dry January’.
Britain’s On Premise continued a solid start to 2023 drinks sales with double-digit growth on January 2022, the Drinks Recovery Tracker from CGA by NielsenIQ shows.
Britain’s On Premise began 2023 with a sound week of year-on-year growth—but inflation and intense pressure on people’s spending mean sales are still well below pre-COVID levels.
Britain’s On Premise overcame the cost-of-living crisis and rail strikes to substantially grow drinks sales year-on-year in December—but trading remained well below the last pre-COVID Christmas of 2019.
The World Cup helped to lift last week’s On Premise drinks sales well above the same week in 2021—but trading has dipped below the marker of 2019, the last Christmas without COVID issues.
Driving On Premise businesses and brands through phenomenal data & expert insight. Powered by NIQ
View our privacy and cookies policy.