Published by Conference Board of Canada. Read full article here. Key Insights After dropping 11.7 points in May, the Index of Consumer Confidence fell a further 8.8 points in June to 79.4 (2014 = 100), the lowest level in more 18 months. Consumers base their expectations of future inflation on their recent experience of actual price increases. Gas and food price increases strongly impact the consumer psyche. Gas stations are a frequent reminder of current prices, and food p

2022 - Quarterly Update Value and Large Brands may benefit from Inflation Some beverage industry watchers expect consumers to switch to lower-priced, legacy beer brands amid rising inflation. In March 2022, Canadianinflation rose 6.7% while the US inflation rose 8.5%, marking the fourth consecutive month of year-over-year high inflation growth. Over the last several years, higher-end craft beers have grabbed market share at the expense of legacy brands made by the likes of Mo

2022 - Quarterly Update Glass Bottle Prices Rise Some wineries are reporting sharp upticks in prices for glass bottles, wineries have seen prices for bottles rise by as much as 20%, according to a recent report by Rabobank. The rise in prices is mostly for higher-end bottles imported from Europe. Glassmaking uses large amounts of natural gas, which has seen massive spikes in pricing since Russia’s invasion of Ukraine. Rabobank reports natural gas prices in Europe have risen a