Vodka prices in Russia set to soar to combat Ukraine war inflation
The Kremlin is being urged to increase the price of vodka in Russia to match Ukraine war-driven inflation.
From next year, vodka producers across the country want to see prices increase by 17 per cent to cope with a rise in tax, import costs and logistics expenses, as well as a fall in the value of the rouble.
The increase will only match the impact of inflation that has escalated since the start of the war.
Veniamin Grabar, the president of the Lagoda vodka and spirits producer, told the RBK news agency: “The government is adjusting the market for inflation, as well as changed cost prices and other components that form the price of vodka.”
After the price rise, half a litre of vodka in Russia will cost 349 roubles (£2.37), up from 299 roubles in June.
Vodka is a staple of Russian culture and heritage. Much like beer production in Britain, every town in Russia has a local producer. The average consumption of vodka per person in Russia is around 17.3 shots per month – the largest in the world.
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