Studies that have investigated the effect of moderate alcohol consumption o
n the level of oestrogens and progesterone in both pre- and post-menopausal
women are reviewed. It is concluded that several lines of evidence point t
o an alcohol-induced rise in natural or synthetic oestrogen levels in women
. Proposed mechanisms include an increased rate of aromatization of testost
erone or a decreased rate of oxidation of oestradiol to oestrone. Moderate
alcohol consumption has also been linked to decreased progesterone levels i
n pre-menopausal women. The relevance of these findings to female health, f
ertility and the timing of the menopause is considered.