china cigarette price increase 2026 Sales Are Rising in China, Defying Global Trend cigarette prices in are rising

cigarette prices in are rising 40% YouTube Prime Minister Lawrence Wong announced a 20 per cent increase in tobacco excise duty, across all tobacco products, in his Budget Speech of 2026. This will take place with effect from today (Feb. 12, 2026). Budget 2026 tightens the screws on tobacco. Higher GST, a steep jump in NCCD, and a shift to retail pricelinked excise mean higher prices and rising pressure on margins. With total tax incidence China Retail Price: 36 City Avg: Cigarette: Domestic: Low quality Economic Indicators CEIC cigarette prices in are rising 40%

SKU: 3206801423 · From metron-ms.com