Things May Be Tough Here, But They’re Awful In Russia

You know it’s bad when they stop buying Vodka.

MOSCOW (Reuters) ā€“ The global financial crisis has grown so bad that Russians are cutting back on vodka.

Stockpiles of Russia’s national drink were six times higher at the start of the month than the same time a year ago because factories are producing vodka faster than they can sell it, an alcohol industry lobby and research group said on Monday.

“People are having to save money, including on drinks, and this is connected to the impact of the financial crisis on people’s disposable incomes,” Pavel Shapkin, president of the National Alcohol Association (NAA), told Reuters.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s