It became known why vodka is becoming more expensive in Ukraine

One of the largest alcohol companies, LVN Limited (Nemiroff Group, Vinnytsia), stated that if the excise tax on alcoholic beverages increased by 5%, the minimum cost of a 0.5 liter bottle of vodka would increase by 3% to UAH 95. This was reported to Ukrainian News by Nemiroff CEO Yuriy Sorochynskyi, agronews.ua reports. “Raising the excise tax by 5% will increase the price of alcohol by an average of 3-5 hryvnias per conditional 0.5 liter bottle, depending on what trade margins will be made by the trade establishment. Producers of alcoholic beverages will increase the price only by the amount of the excise tax increase, "he said. According to Sorochinsky, the price increase will not lead to an increase in state budget revenues, as predicted by the initiators of the bill, due to a significant shadow sector. He noted that the state does not take any effective measures to overcome the shadow sector, so any tax increase is only in favor of the shadow sector, because it is due to ...