Alcoholic Drinks: Excise Duties

Treasury written question – answered at on 28 October 2024.

Alert me about debates like this

Photo of Charlotte Nichols Charlotte Nichols Labour, Warrington North

To ask the Chancellor of the Exchequer, if she will ask the Office for Budget Responsibility to review its (a) price elasticity of demand and (b) other forecasting methodology for alcohol duty revenues.

Photo of James Murray James Murray The Exchequer Secretary

The OBR regularly reviews its forecasting methodology. Its forecast is informed by economic factors including real household consumption and underlying trends in alcohol consumption.

The OBR published updated price elasticities for alcohol in July 2024.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.