Kazakhstan Sees Sharp Decline in Alcohol Sales as Prices Rise
Alcohol sales in Kazakhstan dropped in most major beverage categories between January and August. Cognac sales saw the largest decline, falling by 41.9 percent. Wine sales decreased by 12 percent during the same period. Beer sales also dipped by 5 percent compared to the previous year. In contrast, vodka sales increased by 4.5 percent. These trends are attributed to rising prices and changes in how consumers spend their money. The data was provided by the Bureau of National Statistics.
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Alcohol sales in Kazakhstan declined across three of four major beverage categories in January-August, with cognac sales down 41.9% and wine sales down 12% amid rising prices and shifting consumer spending patterns, according to the Bureau of National Statistics. Beer sales fell 5% year on year, while vodka sales rose 4.5%, suggesting a… The post Kazakhstan Sees Sharp Decline in Alcohol Sales as Prices Rise appeared first on The Astana Times .