9.2 C
Brussels
Sunday, November 17, 2024
EconomyPurchases of cognac and vodka reduced in Russia

Purchases of cognac and vodka reduced in Russia

DISCLAIMER: Information and opinions reproduced in the articles are the ones of those stating them and it is their own responsibility. Publication in The European Times does not automatically means endorsement of the view, but the right to express it.

DISCLAIMER TRANSLATIONS: All articles in this site are published in English. The translated versions are done through an automated process known as neural translations. If in doubt, always refer to the original article. Thank you for understanding.

Gaston de Persigny
Gaston de Persigny
Gaston de Persigny - Reporter at The European Times News

Russians are probably buying counterfeits.

They have sharply reduced their purchases of cognac and vodka, writes Vedomosti newspaper.

According to Rosstat data, quoted by the newspaper, sales of vodka decreased by 16.4% during the year, and of cognac – by 20.3%.

Such a noticeable decrease is probably due to the shadow market, experts of the publication admit. Since many foreign brands left Russia after the start of the war, fake alcohol products from shadow manufacturers can be purchased in stores.

Another reason is the decrease in the income of the population, especially the middle class. So people start buying cheaper drinks. Counterfeit products are not counted in the statistics.

Earlier, the Ministry of Industry and Trade noted that while there is a moratorium in Russia, restrictions on inspections of shops selling alcohol, the state cannot fully identify and stop the sale of counterfeit products.

Photo by Kelly    : https://www.pexels.com/photo/assorted-alcoholic-drinks-2796105/

- Advertisement -

More from the author

- EXCLUSIVE CONTENT -spot_img
- Advertisement -
- Advertisement -
- Advertisement -spot_img
- Advertisement -

Must read

Latest articles

- Advertisement -