Review of Russian Beer Market: Research of Euromonitor International
Starting from 2007, the Russian beer market has been demonstrating an annual decline, and 2015 was not an exception. The negative macroeconomic situation in the country had a strong impact on the market in the past year, affecting the increase of food inflation. Apart from the difficult economic situation, the past year was memorable for the beer industry for a number of legislative initiatives that had a negative effect on the market. (more…)