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WSTA market report shows consumers cautious on spending

15 September 2010

Research commissioned by the WSTA suggests consumers looking to economise are more likely to cut back on going out for meals and entertainment in the next year. 

The polling comes on top of the latest market data showing that over the past year value has declined in the on-trade across most categories yet value has grown in the off-trade across all categories bar one.

The findings are contained in the WSTA’s latest Quarterly Market Report, published today.

A YouGov poll* asked British adults what items of household spending they are likely to cut back on over the next 12 months:
• 46% said going out for meals
• 40% said going out for entertainment
• 34% said going out for a drink
• 20% said spending on satellite TV subscription
• 18% said they do not expect to cut back spending

The breakdown shows 50% of women and 50% of the 25-34 age group would cut back on going out for meals.

The WSTA Quarterly Market Report features the latest data from leading independent sources including Nielsen and CGA Strategy with analysis by Tim Wilson, author of the Wilson Drinks Report.

The figures for the off-trade show value growth across all categories except fortified wine and volume growth in all categories except ales and fortified wine.  The figures for the on-trade show volume decline across all categories of alcoholic drinks and value decline for all categories except standard lager and cider.

Commenting on the figures WSTA Chief Executive Jeremy Beadles said: “The signs are that consumers remain cautious about their spending and will look to cutback on going out if necessary. However businesses that get the offer right are still doing well.”

“Behind the headlines there are clearly opportunities for growth.  For example, golden rum sales in the on-trade are up in value by over 18% during the past year and sparkling wines are up over 11% in value in the off-trade.”

Ends

Notes to editors:

*YouGov Omnibus Panel August 2010, WDR analysis Base size: 2,103 British adults

For more information please contact Gavin Partington:
Tel:  +44 (0) 20 7089 3876
Mob:  +44 (0) 7966 014058
Email: [email protected]


WSTA statement on Scottish Government Minimum Price Announcement

2 September 2010

Commenting on today’s announcement by the Scottish Government that it intends to set a minimum price per unit of alcohol at 45p, WSTA spokesman Gavin Partington said:

“Setting a minimum price at 45p doesn’t alter the fact that minimum pricing is wrong in principle. It won’t tackle alcohol misuse but will punish families on low incomes and pensioners.

“Surely Ministers cannot believe that making a hazardous drinker pay an extra £1.08* per week is going to solve the problem.

“It’s time the Scottish Government stopped pursuing an approach already rejected by Parliament and started working with other politicians and stakeholders on a range of policies to address the root causes of alcohol misuse.”


 
Ends


Notes to Editors:

*Based on minimum price modelling in the Sheffield Scotland Report, commissioned by the Scottish Government.

WSTA
The WSTA is the UK lobbying organisation for the wine and spirit industry representing over 310 companies producing, importing, transporting and selling wines and spirits.
We campaign to promote the industry’s interests with governments at home and abroad.
We work with our members to promote the responsible production, marketing and sale of alcohol.

For more information please contact Gavin Partington:
Tel:  +44 (0) 20 7089 3876
Mob:  +44 (0) 7966 014058
Email: [email protected]

WSTA response to Labour Alcohol Commission

31 August 2010

Commenting on today’s report from the Scottish Labour Party’s Alcohol Commission WSTA Spokesman Gavin Partington said:

“We welcome the commission’s recognition that changing Scotland’s culture in relation to alcohol requires an emphasis on education, community action and collaboration at local level.

“The commission rightly recognises that there is no silver bullet to tackle alcohol misuse and that the proposal to introduce a minimum price for alcohol is flawed.

“However it is misguided to propose a ban on alcohol advertising or sponsorship of sporting events. Such a move would threaten jobs and livelihoods across the media industry while doing nothing to tackle problem drinking.”

Ends

 

Notes to Editors

WSTA
The WSTA is the UK organisation for the wine and spirit industry representing over 310 companies producing, importing, transporting and selling wines and spirits.
We campaign to promote the industry’s interests with governments at home and abroad.
We work with our members to promote the responsible production, marketing and sale of alcohol.

For more information please contact Gavin Partington:
Tel:  +44 (0) 20 7089 3876
Mob:  +44 (0) 7966 014058
Email: [email protected]

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