Alcohol prices are seeing modest changes this holiday season, with spirits like whiskey and tequila becoming more affordable for at-home consumption. Federal data shows whiskey prices dropped nearly 2% compared to last year, reflecting sluggish demand and a general pullback in consumer alcohol spending. Tequila and mezcal benefit from lower agave costs, allowing consumers to purchase high-quality bottles without overspending.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Alcohol prices are seeing modest changes this holiday season,
00:05with spirits like whiskey and tequila becoming more affordable for at-home consumption.
00:11Federal data shows whiskey prices dropped nearly 2 percent compared to last year,
00:15reflecting sluggish demand and a general pullback in consumer alcohol spending.
00:21Tequila and mezcal benefit from lower agave costs,
00:24allowing consumers to purchase high-quality bottles without breaking the bank.