Russia: Beer production on rise but with slower growth rates
Russian breweries produced more beer in January-September 2005, they increased the beer output by 4.6% year-on-year to 69.4 million hl, The Russian Brewers' Union communicated on October 24 citing the Federal State Statistics Service.
According to the statement of Russian Brewers' Union, the beer production growth rates were higher in January-September 2004, when they stood at 12.9% year-on-year.
"The drop in beer production growth tempo was the result of restrictions on advertising that took effect in September 2004 in addition to the passing of the anticipated inflation level for excises on beer in 2005," the Union stated.
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