Smoking will be more expensive from tomorrow: will govern the rise of 5% of the price of cigarettes

According to a government provision, tobacco products will have fixed updates four times a year, with an adjustment for inflation. "Cigarette prices will rise by an average of 5% as of Monday, as part of the agreement signed between industry and AFIP," said Mbadalin Particulares [Today]. 19659002]. on average between 2 and 3 pesos in its versions 20 and 10, respectively. According to a government provision, tobacco products such as cigarettes will be updated four times a year, with an adjustment for inflation.

The company had already updated the value of its products in January, February and March and May. According to this agreement, cigarettes would still increase their value in October, which would be the last rise of the year. Among the leading brands sold by the company include Marlboro, which will cost $ 63 in its KS version and $ 64 in its box version

Philip Morris will also come up, which will cost $ 60 in its KS version and $ 61 in the box; and Chesterfield, which will cost $ 52 in its KS version and $ 53 in its box version. Other brands such as Benson & Hedges, Parliament and Virginia Slims will be selling $ 69 in their box of 20 cigarettes. The tobacco industry in Argentina supports a high tax burden, which is among the highest in the world.

The company reminded the marketing points that, according to the resolution number 110/1991 of the Ministry of the Economy of the Nation, it is forbidden to modify the selling prices to the public of the cigarettes published by the companies of tobacco. Similarly, it is expected that soon prices of the other major Argentine tobacco company, Nobleza Piccardo, will also increase, now with the name of British American Tobacco.

EP