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Vodka in Russia will rise in price

Водка в России подорожаетThe need to increase the minimum prices for vodka, cognac and alcoholic beverages Ministry of Finance is explained by the growth in excise on alcohol

The minimum retail price (MRP) of vodka in Russia from 13 may increased by 7.9% to 205 rubles per bottle volume 0,5 l should be of the order of the Ministry of Finance of the Russian Federation on the official portal of legal information.

The order was published on the portal may 2, it shall enter into force after 10 days after day of official publication. The purchase price of vodka from the manufacturer increases while 4.8%, to 173 rubles per half-liter bottle from the current 165 rubles, and wholesale – 2.3%, to 178 rubles from 174 rubles.

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In addition, this Saturday and increase the minimum prices for cognac. The minimum retail price for a bottle of brandy with a volume of 0.5 liters increased by 15.2% to 371 of the ruble, the selling price from the manufacturer – 25.6%, to 314 rubles, wholesale – on 23,3%, to 323 rubles.

The need to increase the minimum prices for vodka, cognac and alcoholic beverages Ministry of Finance is explained by the growth in excise on alcohol, electricity tariffs and higher production costs, including wages, rents, costs of advertising, promotions, and taxes.

MRC vodka is a tool of struggle with cheap counterfeit alcohol on the market. From 13 June 2016 and the minimum price was set at 190 rubles for a bottle of 0,5 liters.

The head of the Department of tax and customs policy of the Ministry of Finance Alexey Sazanov in March said that the Ministry is preparing a mechanism to automatically change MRTS on vodka. The algorithm should take into account the amount of the excise tax, Supplement manufacturer, wholesalers and retail segment.

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