In 2024, prices of wine and wine products will increase by a third due to a three-fold increase in excise duty on wine. About this agency “hit liner“said Professor of the Fundamental Department of Trade Policy at the Russian University of Economics. GV Plekhanov Vyacheslav Cheglov.
Wine prices will rise in January 2024, although the increase in the excise price, which will triple from 34 rubles to 108 rubles per liter, will occur only on May 1.
“Wine producers will monitor the maintenance of parity and will most likely increase their prices,” Cheglov thinks.
He added that cheap wine will initially become more expensive and that the average bill should increase by 30% by summer, including the increase in prices of imported wine.
Before that, Deputy Prime Minister Victoria Abramchenko statedHe said that the price of the Russian New Year table increased by 8% during the year due to tangerines, chicken, eggs and champagne.
As the Deputy Prime Minister stated, the price of domestic sparkling wine increased by no more than 5 percent.
Previous experts determined Muscovites and St. The most purchased items before the New Year for St. Petersburg residents.
What are you thinking?
Source: Gazeta
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.