Drinking to cope with grief? How Queen Elizabeth II’s passing linked to a rise in alcohol consumption in Australia
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Although it may not always seem like it, public figures’ deaths can have a significant impact on our society. It’s not just that we grieve the loss of an iconic individual; these occasions also give us a chance to reflect on our own lives and what they mean to us.
Such is the case when news of Queen Elizabeth II passing away sent shockwaves throughout the world.
In the wake of the announcement, alcohol consumption rose in Australia, according to new data.
The late Queen Elizabeth II was mourned by many, with tributes and moments of silence held in her honour around the world.
The much-loved monarch passed away at the age of 96 after reigning over the United Kingdom and Commonwealth realms for 70 years, making her the longest-serving British sovereign in history.
As a way to remember her, a National Day of Mourning was held last September 22 in Australia. Ben Dorber, Head of Retail Statistics at the Australian Bureau of Statistics (ABS), said that this public holiday ‘coincided with an increase in people going out’. And when there’s an increase in people going out, there’s also a rise in spending.
‘Many retailers remained open for the National Day of Mourning,’ he said. Mr Dorber also added that this ‘one-off public holiday’ boosted people’s spending on food and alcohol.
According to experts, café, restaurants, and takeaway food trade rose by 1.3 per cent in September – the same month that Queen Elizabeth II passed away.
Additionally, retail trade rose for the ninth month in a row, lifting another 0.6 per cent in September, despite the monthly increase of interest rates from the Reserve Bank of Australia.
Senior Economist Diana Mousina said Aussies started going out again after being cooped up in their houses during last year’s lockdown.
She shared that the continued strength of retail sales ‘reflects’ a combination of savings accumulated during the height of pandemic restrictions.
‘Consumer spending is also likely to continue shifting from goods towards services in the post-COVID world,’ she said.
However, with inflation rates on the rise, consumer spending might slow down too.
Members, if you or someone you know are struggling with alcohol dependence, help is available. You can find resources here.
What are your thoughts on this, members? How did you spend the National Day of Mourning last month? Let us know in the comments below!
Such is the case when news of Queen Elizabeth II passing away sent shockwaves throughout the world.
In the wake of the announcement, alcohol consumption rose in Australia, according to new data.
The late Queen Elizabeth II was mourned by many, with tributes and moments of silence held in her honour around the world.
The much-loved monarch passed away at the age of 96 after reigning over the United Kingdom and Commonwealth realms for 70 years, making her the longest-serving British sovereign in history.
As a way to remember her, a National Day of Mourning was held last September 22 in Australia. Ben Dorber, Head of Retail Statistics at the Australian Bureau of Statistics (ABS), said that this public holiday ‘coincided with an increase in people going out’. And when there’s an increase in people going out, there’s also a rise in spending.
‘Many retailers remained open for the National Day of Mourning,’ he said. Mr Dorber also added that this ‘one-off public holiday’ boosted people’s spending on food and alcohol.
According to experts, café, restaurants, and takeaway food trade rose by 1.3 per cent in September – the same month that Queen Elizabeth II passed away.
Additionally, retail trade rose for the ninth month in a row, lifting another 0.6 per cent in September, despite the monthly increase of interest rates from the Reserve Bank of Australia.
Senior Economist Diana Mousina said Aussies started going out again after being cooped up in their houses during last year’s lockdown.
She shared that the continued strength of retail sales ‘reflects’ a combination of savings accumulated during the height of pandemic restrictions.
‘Consumer spending is also likely to continue shifting from goods towards services in the post-COVID world,’ she said.
However, with inflation rates on the rise, consumer spending might slow down too.
Key Takeaways
- Queen Elizabeth II's passing led to an increase in alcohol consumption in Australia.
- The National Day of Mourning coincided with an increase in retail spending on food, alcohol and dining out.
- This increase in spending was brought on by relaxed pandemic restrictions and the accumulated savings of people during the height of COVID-19.
- Consumers might begin to trim their spending in response to higher interest rates.
What are your thoughts on this, members? How did you spend the National Day of Mourning last month? Let us know in the comments below!