Tagged: Cross Border Trade

NEWS: Norway-Sweden: Gap In Alcohol Prices Grows

According to new data, the gap in alcohol prices between Norway and Sweden is growing.
The Swedish alcohol retail monopoly – Systembolaget – has announced they will be cutting the price of the cheapest beer to NOK 6.90 from 2020.
The reduction of beer prices will further widen the gap of alcohol prices between neighboring Norway and Sweden. Norway has been adjusting their alcohol tax upwards with the general price trend in the country, while Swedish taxes have remained almost at a stand still according to Swedish Tax Agency figures. Already the price gap for alcohol between the two countries is large…

NEWS: Sweden: Systembolaget Mulls Plans for Cheap Beer

Systembolaget – the national alcohol retail monopoly – mulls plans for introducing cheap beer.
Systembolaget is saying there is customer demand for cheap beer. According to the government-run alcohol retail monopoly, customers do not want to buy a 500ml container of the current offer of the cheapest beer. Therefore, they are thinking to introduce a smaller and cheaper beer from 2020.
IOGT-NTO is critical of this suggestion for two main reasons…

NEWS: Baltics: Alcohol Tax Race to the Bottom Unfolding

The Baltic region has begun a race to cut alcohol taxes. Sparked by the recent move by Estonia to slash alcohol taxes, neighboring Latvia and Finland are also considering tax reductions.
Cross-border trade is a serious concern in the close-knit Baltic region. Recently Estonia announced plans to cut its alcohol taxes, a move likely to have negative consequences for levels of alcohol harm in the country – but it appears to have sparked a race to the bottom across the region…