Smoking: The Rising Price of Cigarettes from 13th November

Finance General News
The Price of Cigarettes in France will increase on the 13th November

TOBACCO: This increase is only a first step, a further increase to eventually increase to 10 euro package of the base price of 20 cigarettes by 2020…

The rising base cost of the pack of cigarettes will be effective on 13th November, not the 6th November, reported on Friday the Parisian .

The “minimum tax” tax imposed by the state on tobacco manufacturers, will increase by 10%, enabling to get the price of a pack to about 7.10 euros by the end of the year.

Towards packets costing 10 euros in 2020

This increase is only a first step, a further increase to eventually increase to 10 euro package of the base price of 20 cigarettes by 2020. An increase passed last Friday by the National Assembly on the proposal of Minister of Health, Agnès Buzyn.



For now, packet cheapest cigarettes are sold from 6.5 euros at tobacconists. French law does not allow manufacturers to impose a minimum price. However, the increase in minimum tax will force manufacturers to cut corners on their margins or pass this increase on their sales prices.

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