Press Release

ALEXANDRIA, Va. – The National Beer Wholesalers Association (NBWA) released the Beer Purchasers’ Index (BPI) for July 2025.

The BPI reading of 42 marks a 17-point decline from July 2024 but a 12-point month-to-month improvement from June 2025.

While still in contractionary territory (<50), the Craft segment recorded its highest reading of the year. The Import segment returned to expansion territory following its first two-month contractionary streak since BPI launched in 2015.

The combination of index readings for at-risk inventory (43) and BPI (42) places the industry firmly in a cautionary holding pattern for the summer.

Looking across the segments for July:

• The imports index at 50 is 12 points above June 2025 and 23 points lower than July 2024
• The craft index at 25 is 10 points above June 2025 and five points lower than July 2024
• The premium lights index at 38 is five points above June 2025 and 25 points lower than July 2024
• The premium regular index at 41 is 10 points above June 2025 and 17 points lower than July 2024
• The below premium index at 48 is three points above June 2025 and 14 points lower than July 2024
• The FMB/seltzer index at 39 is seven points lower than June 2025 and the same as July 2024
• The cider segment at 38 is five points higher than June 2025 and two points higher than July 2024 — the only segment to post a higher reading relative to the prior year

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The National Beer Wholesalers Association (NBWA) represents America’s 3,000 independent beer distributors who service every state, congressional district and media market across the country. Licensed at the federal and state levels, beer distributors get bottles, cans, cases and kegs from a brewer or importer to stores, restaurants and other licensed retail accounts through a transparent and accountable regulatory system.

Distributors build brands of all sizes – from familiar domestic beers to new startup labels and imports from around the world – and generate enormous consumer choice while supporting more than 135,000 quality jobs in their home communities. Beer distributors work locally to keep communities safe by sponsoring programs to promote responsible consumption, combat drunk driving and reduce underage drinking.