The Société des alcools du Québec (SAQ) confirms Tuesday that it will proceed next Sunday with an average price increase of 1.66% on 1332 products available at all times on its shelves.
Among these products, fifty will not be increased until January 30, 2022 since they are currently on promotion.
The state-owned company explains this increase by the inflationary context which affects the price of many consumer products. She specifies that many of the SAQ’s suppliers are facing unprecedented challenges that impact their production costs, including the labor shortage and the rise in the price of materials related to the bottling and transportation of products.
In addition, climatic issues observed in several wine-growing regions put additional pressure on prices. Successive freezes occurred in France and episodes of drought occurred in Spain and Italy, in particular, which significantly reduced the supply of products.
The SAQ indicates that the French wine-growing region, the availability of which is strongly affected by bad weather, is associated with the most significant increases.
The Société des alcools adds that the prices of specialty products, mainly offered in the Espace Cellier, are negotiated with the purchase of each lot and may therefore vary according to the availability of the offer. Of these, 619 products will experience a 2.6% price hike next Sunday.
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