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Title Taxes on sugary drinks cut consumer sales by 33%, study says blby4 Date 24-01-19 20:42
Writer Anita Hit 334
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Taxes on sugary drinks cut consumer sales by 33%, study says
Raising the price of sugar-sweetened sodas, coffees, teas and energy, sports and fruit drinks by an average of 31% reduced consumer purchases of those drinks by a third, according to a new analysis of restrictions implemented in five US cities.
“What we measured is how consumers change their consumption in response to price changes,” said study author Scott Kaplan, an assistant professor of economics at the US Naval Academy in Annapolis, Maryland.

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