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Russian beer producers warned of a price increase of 8-15 percent

Large Russian beer producers have warned retailers about an expected significant increase in prices in the spring of 2024, Fontanka reports, citing information from letters from companies.

According to the publication, one of the representatives of large retail chains said that beer prices are rising for the second time in six months, and this time an increase of up to 15 percent is expected. Another source noted that the price increase is planned for April 1 for all players in the Russian market.

The Baltika manufacturer notified its partners of a planned price increase from April to an average level of 8 percent. The company cited inflation and other objective processes in the price adjustment as the reason for the price adjustment. Russiasuch as increased packaging prices and logistics costs.

The increase in prices was also confirmed by representatives of the United Brewery Holding, pointing to a 10 percent increase in prices, as well as by the Moscow Brewery Company. OJSC Tomskoe Beer and the Trekhsosensky brewery also announced a planned price increase.

Currently, retail chains have not accepted the new supply conditions. Beer stocks in retail warehouses are large enough to satisfy demand for about 2 months, which will allow buyers to avoid a sharp increase in product prices.

Earlier, Mikhail Delyagin, Deputy Chairman of the State Duma Committee on Economic Policy, said that blocking parallel imports of household appliance manufacturers into Russia would not have a significant impact on the Russian market. More about this read the material Public News Service.

Message Russian beer producers warned of a price increase of 8-15 percent appeared first on Public news service.

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