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Vladimir Putin

Caps vodka prices

24 Dec, 2014

Putin calls for his government to cap rising vodka prices amid fears that sharp price inflation will drive people to drink illegal liquor. According to a leading university study last year, 25% of Russian men die before reaching their mid-50s, and alcohol was found to be a contributing factor in some of these early deaths. Since last year, the government-regulated minimum price of half a litre (17 oz) of vodka has increased by around 30% to 220 roubles ($4.10; £2.64). Annual inflation in Russia is currently at 9.4%.