Ukraine from July 1 increases excise duty on beer and alcohol

16:34

Ukraine from July 1 increased the excise rate on beer by 93.5%, to 60 kopecks per liter.

The law increasing the duty was adopted by the parliament on June 3.

In addition, from July 1, according to the law adopted on March 31, 2009, the excise rates on sparkling wine rose by 56%, to UAH 2.5 per liter, on ethyl spirit, liquors and vodka by 58%, to UAH 34 per liter of 100% spirit and on cider and some other drinks by 2.8 times, to UAH 34 per liter of 100% spirit.

The law also introduces the annual indexation of the excise rates according to inflation from 2010, and not from 2012.

According to the State Statistics Committee, in January to May beer production in Ukraine came to 121 million decaliters, which is 8.8% less year-over-year, while vodka output grew by 31.1%, to 17.8 million decaliters.