Research Update

 

Good afternoon,

Linked below is the Import Export Report for April 2018.

Here are a few key findings:

  • Imported beer volume increased by 10.4% in April 2018, the largest percentage increase of any month thus far in 2018. Imported beer performance was very soft during April 2017, when volume decreased by 7.8%.
  • The recent trend towards depreciation of the U.S. dollar against other major currencies has begun to reverse. If it continues, this change should relieve some of the downward pressure on import demand caused by the dollar’s depreciation.

If you have any questions, please reach out.

http://www.beerinstitute.org/wp-content/uploads/2018/06/Import-Export-April-2018.pdf

Cheers,

Michael Uhrich
Chief Economist

 

 

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