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The minimum prices for vodka and cognac in Russia will increase: will this force you to drink less or resort to substitutes?

Date: July 1, 2024 Time: 08:33:45

Starting July 1, the minimum prices for vodka, cognac and brandy will increase. Thus, the cost of a half-liter bottle of vodka will increase from 281 to 299 rubles, cognac from 517 to 556 rubles, and brandy from 375 to 403 rubles. In addition, by order of the Ministry of Finance, rum is included in the list of drinks with an officially established minimum price. Now half a liter of pirated drink should cost at least 403 rubles.

“Increasing the minimum sales prices for alcohol is a necessary and logical measure,” Vadim Drobiz commented on the situation to kp.ru. – The costs of its production, alcohol and other ingredients, general expenses, transportation, imported components, salaries of workers involved in production, transportation and trade increase…

According to the expert, this increase will not affect the alcohol market.

“Increasing the cost of a bottle of vodka by 18 rubles will not lead to a reduction in consumption or to the transition of vodka lovers to substitutes,” Drobiz is sure. – An average man drinks an average bottle of vodka a week. His monthly expenses will increase by less than 100 rubles – this is not a reason to switch to cheaper products or give up his habits. The same goes for other drinks.

Minimum retail prices for alcohol have been set since 2009 to combat illegal production. According to the expert, this is no longer relevant.

“Before the introduction of the EGAIS system, the minimum retail price was a sure indicator of the legality of production,” Drobiz said. – Cheaper means that the product is illegal. But now in the retail trade of alcohol there is the Unified State Automated Information System (EGAIS), which will not allow illegal goods to pass through.

However, the expert agreed that the price is even more obvious. Along with retail prices, minimum wholesale and sales prices will also increase.

HOW WILL THE MINIMUM PRICE OF STRONG ALCOHOL CHANGE FROM JULY 1, 2024 RUB/0.5 L?

Minimum sales price (ex factory)

Drink – Current Price – Price as of July 1, 2024

Vodka – 229 – 246

Brandy – 289 – 311

Cognac – 397 – 427

Minimum wholesale price

Drink – Current Price – Price as of July 1, 2024

Vodka – 238 – 256

Brandy – 304 – 327

Cognac – 419 – 450

Minimum sales price

Drink – Current Price – Price as of July 1, 2024

Vodka – 281 – 299

Brandy – 375 – 403

Cognac – 517 – 556

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Puck Henry
Puck Henry
Puck Henry is an editor for ePrimefeed covering all types of news.
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