More brands of cigarettes raised prices

Since yesterday, smoking in the country is a bit more expensive: the British American Tobacco Company – the former Nobleza Piccardo – has adjusted the prices of its cigarettes, with an average increase of 5%. Follow the steps of his competitor, Mbadalin Particulares, who had already updated his values ​​last week.
Since July 16th, the Lucky Strike red box has cost $ 61 for the 20-unit package and $ 33 for the 12-unit package. For the Camel and Parisennes brands, the price is $ 64 for the box version of 20 units. On the other hand, the Pall Mall KS price of 20 is $ 60.
This is the fifth year increase applied by the tobacco companies, which had already updated their prices in January, February, March and May.
By an Afip decree, made official in early June, cigarette prices will have four annual updates: in January, April, July and October of each year, for which the variation will be taken into account. consumer price index (CPI) corresponding to the previous quarter. As a result, by 2018, a last update in October remains based on inflation for the previous three months.
In a press release, British American Tobacco reiterated its concerns about the growth of illegal trade in the country and the non-compliance with minimum tax payments by local tobacco companies.
"The increase in the minimum tax after the last tax reform of March 1 on cigarettes and especially on tobacco to arm and cigarillos, eliminates the only legal alternative available to the government. industry to tackle this problem Higher taxes mean a drop in the legal sale of cigarettes, a drop in tax collection and an increase in illegal demand, "they added.