The National Beer Wholesalers Association (NBWA) released the Beer Purchasers' Index (BPI) for February 2023.
The February BPI shows a potential shift towards a more positive outlook for the beer industry in 2023. It's been ten months since the industry has seen an above-50 BPI and a below-50 ARI (at-risk inventory). For most of 2022, beer distributors were cautious with respect to their beer purchases. The industry recorded six out of twelve months with below 50 BPI index readings and above 50 ARI readings—indicating too much inventory in distributor warehouses. The February results reflect a BPI of 54 and an ARI of 46. After two disruptive years in 2021 and 2022, this is positive news for the beer industry.
