Today, the National Beer Wholesalers Association (NBWA) released the Beer Purchasers’ Index (BPI) for July 2019.
The index surveys beer distributors’ purchases across different segments and compares them to previous years. A reading greater than 50 indicates the segment is expanding, while a reading below 50 indicates the segment is contracting.
The Beer Purchasers' Index rebounded in July after posting significant drops across the segments in June. The total beer index rose two points from 63 in July 2018 to 65 in July 2019. This reading is relatively stronger than the historical July readings from 2015 to 2018. The “At Risk Inventory” reading, this month at 45, has also consistently trended down since March 2019.
Looking across the segments:
The August 2019 BPI survey will run from Aug 8th through August 16th. Results will be released to participating distributors on Aug 19th.