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Tag: "prices"

U.S. cigarette prices rising

U.S. cigarette prices rising

June 11, 2013 | Comments (0)

Cigarette prices are rising again, with the three largest tobacco manufacturers expressing confidence that another increase won’t deter smokers in a sluggish economy, according to a story in the Winston-Salem Journal. R.J. Reynolds Tobacco Co., Lorillard and Philip Morris USA confirmed Friday that prices for most of their brands are going up. The increase goes […]

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Seoul may link cigarette prices to inflation

Seoul may link cigarette prices to inflation

May 10, 2013 | Comments (0)

South Korea may link cigarette price hikes to the growth of consumer inflation in an effort to reduce smoking and secure more revenue, reports The Korea Herald. Tobacco prices have been frozen at KRW2,500 ($2.28) per pack for more than eight years. The health ministry earlier said average cigarette prices need to be raised to […]

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