2017-08-09T13:41:00+03:00 Economy 2023-11-15T09:48:29+02:00

Ukrainian news

Ukrainian news

Cabinet Increases Floor Retail Prices Of Vodka By 14% To UAH 79.55/0.5 Liter

Cabinet Increases Floor Retail Prices Of Vodka By 14% To UAH 79.55/0.5 Liter

The Cabinet of Ministers of Ukraine has increased the floor retail price of vodka by 14% to UAH 79.55/0.5 liter.

At its sitting on Wednesday the Cabinet of Ministers endorsed a governmental resolution the wording of which was made available to the agency.

The current floor retail price of vodka in Ukraine is UAH 69.78/0.5 liter.

The Cabinet of Ministers has also increased the floor retail prices of brandy by 6.5-6.6%, wines by 7.1-13.3%, and other alcohol beverages.

The government resolution will take effect ten days after the date of publication.

As Ukrainian News Agency earlier reported, the Ministry of Economic Development and Trade of Ukraine has moved forward with an initiative to increase the floor retail price of vodka by 14% to UAH 79.55/0.5 liter.

The previous increase in the floor retail price of vodka was in November 2016.

The excise duty on vodka has increased by 20% in 2017.

The Ukrvodka association advocates increasing the floor retail price of vodka to UAH 79.9/0.5 liter.