Vodka to cost 190 RUR

8 February 2016 (09:33)

UrBC, Moscow, February 8, 2016. Rosalkogolregulirovaniye announced via the normative acts website that it is working on a draft bill to set minimal retail prices for 28%+ alcohol.

‘Setting a price minimum on alcohol products is one of the ways to fight the counterfeit and adulterated items market, eradicate illegal production, and raise excise duty payments,’ the department states.

According to Rossiyskaya Gazeta, the actual price hasn’t been decided on yet. One rumored possibility is that a half-liter bottle might cost 190 RUR rather than the current 185 RUR.

This price of a bottle of vodka was reduced from 225 RUR down to 185 RUR on February 1, 2015. Previously, the minimum price limit only used to go up. The new bill is expected to come into effect in May 2016.

‘190 RUR is the prime cost (32-35 RUR) times the inflation rate,’ says Director of National & Local Alcohol Market Research Center Vadim Drobiz. He feels, however, that a small price increase isn’t likely to affect the market seriously.


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