The increase of up to 71% is aimed at supporting local producers, according to the Economy Ministry Ukraine is planning to introduce a major price increase for alcoholic beverages, according to a proposal published by the country’s Economy Ministry on Wednesday. Under the proposal, wholesale hard-liquor prices are expected to see an increase of between 34% and 42% with retail prices to rise by up to 25%. Meanwhile, retail prices for wine products may go up by between 61% and 71% with prices for sparkling wine and fizzy alcohol drinks to be hiked by 28%. The bill is expected to help producers to cope with rising pr
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