Food Industry News

MAYOR: drop of alcohol sales - well-established trend

Reducing turnover of retail trade in alcohol and beer was a steady trend of recent years, according to the monitoring of the Russian socio-economic development in January - October 2016 years, prepared by Ministry of Economic Development (MED).

"Reducing the turnover of retail trade in alcoholic beverages and beer is a well-established trend of recent years", - said the mayor.

According to IEG, a reduction in retail trade turnover in October 2016 years 4,4% accelerated to an annualized basis.

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