High prices and substitute: what will happen to the alcohol market of Ukraine after government changes
Today, August 9, the Cabinet of Ministers adopted a decree according to which will increase the minimum wholesale and retail prices on alcoholic products. In particular, retail prices of vodka and LIKERO-vodka products will increase by 14.0-19,41%; whiskey, rum and gin 6.5-6.6 per cent; cognac (brandy) – 12.3-29.1 per cent; wines with added alcohol, sparkling 7.1 to 13.3%. Raising the minimum price is the next step after the increase in excise duties on tobacco and alcohol, which came into force […]
Read more