You're reading: The Moscow Times: Wine prices to rise in Russia over ruble crisis

The prices of both foreign and domestic wines are set to rise in Russia in the coming weeks because of the weakening ruble. Starting in October, the prices for wine in Russian retail chains will increase by at least 15 to 20 percent, Vadim Drobiz, director of the Research Center for Federal and Regional Alcohol Markets, told The Moscow Times.

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