SAQ increasing prices before Saint-Jean
Posted June 12, 2023 11:05 am.
Last Updated June 12, 2023 12:13 pm.
As of June 18th – over 90 per cent of products at the SAQ will be costing customers more – just in time for the Saint-Jean-Baptiste long weekend.
The Quebec crown corporation will be increasing the price of alcohol products by an average of 1.1 per cent.
This represent an average price increase of $0.87 on 1,862 products at the SAQ.
Of those – 130 products are expected to see a price increase as of July 16.
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SAQ raising prices
The president of the SAQ says inflation is behind the price increase.
“However, despite the rise in value of the Euro and the US dollar, and the increase in raw material costs, we were able to limit price increases to well below the Consumer Price Index, which stood at 4.8 per cent in Quebec last April,” said Catherine Dagenais, President and CEO of the SAQ.
Some products (795) will see a price decrease of on average 2.7 per cent.
Dagenais explains shipping costs have stabilized in recent months, and prices for transporting our goods are falling, which is having a positive impact on the retail price of some SAQ products.
The crown corporation is allowed to increase its prices twice a year – in November and May. Last November prices went up on average by 2.4 per cent.
