US: Spirits volumes "robust" in January - figures
US spirits sales have had a solid start to the year
US spirit sales remained “robust” last month with volumes up by single digits, according to latest industry figures.
The National Alcohol Beverage Control Association numbers, which monitor the US's 18 Control States that cover 20% of total volumes, found that volumes were up by 4.5%, ahead of December's 1.5% increase. Diageo's volumes rose by 6.1% in the month, but behind the industry average, Nomura said in a note discussing the figures today (21 February).
The trend is simliar to AC Nielsen stats, where Diageo is “outperforming on pricing, but at the expense of some volume loss”, the analysts said.
Price mix was "strong" up 3.1%, better than December's 2.7% rise, Nomura noted.
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