The Finance Ministry has no plans to increase the minimum retail price of vodka in 2018. The possibility of increasing now being discussed, told journalists the head of Department of tax and customs policy of the Ministry of Finance of the RF Alexey Sazanov. “No,” briefly he told reporters, responding to a question.
Earlier, Deputy Minister of Finance of Russia Ilya Trunin said that the Finance Ministry does not exclude the increase of the minimum retail price for vodka in the next year, with respective market trends. However, he noted that until 2020 it is planned to increase the excise tax on spirits, reminds TASS.
However, according to Trunina, raising the minimum retail price of vodka to 300 rubles in 2018, requested by the Ministry of health of the Russian Federation, will provoke the growth of consumption of surrogate alcohol.
The Ministry of health, pointing to the Finance Ministry the proposal to raise the minimum retail price for vodka in the region of 300 rubles, believed that this will be one of the most effective measures to reduce alcohol consumption in the country.
The issue of raising the minimum price of vodka has arisen after increasing from January 1, 2017, rate of excise duty on spirits from 500 to 523 rubles per liter of alcohol.
13 may 2017, the minimum price of vodka was increased by 7.9% and amounted to 205 rubles per bottle volume of 0.5 liters against 190 rubles previously.
For the first 9 months of 2017 in Russia produced 56 million decalitres of vodka
Only in Russia for the first nine months of 2017, the alcoholic enterprises produced 56 million decaliters of vodka, which is 18% higher than the same period in 2016.
In September, production totaled 7,065 million decaliters, which is 3% more
than in September 2016, reports “Interfax” with reference to data of the National Union of consumer rights protection.
The alcohol business in the first nine months produced 38.8 million decalitres of ethyl rectified alcohol, which is 23.1% more than in the same period last year. In September, production amounted to 4.6 million gallons (26%
more than in September 2016).
Wine production in January – September 2017 declined by 15,1%,
to 23.8 million decaliters in September – 19.9%, to 2.7 million decaliters.
Production of champagne and sparkling wines for the first nine months amounted to 7.2 mln decalitres (16.2% less), in September to 1.4 million decaliters (17.2% less).
Cognac producers for the nine months increased production of 7.7%,
up to 5.6 million decaliters, and in September – 3.3% (718 thousand decalitres).