2023 Minimum Cigarette Price Increases by 5 Rubles

Jan.16.2023

2023 Minimum Cigarette Price Increases by 5 Rubles

Starting from 2023, Russia's minimum cigarette price will increase by 5 rubles due to a rise in tobacco product consumption tax.

In 2023, the new minimum price for cigarettes, known as the Unified Minimum Price (UMC), will be 117 rubles (approximately 11.9 yuan), which is 5 rubles (approximately 0.5 yuan) higher than last year.

Regulations on the sale of cigarettes with expired UMC information have become stricter, with retailers being obligated to remove them from sales.

The increase in minimum prices is a result of the increased consumption tax on tobacco products. For cigars and cigarettes, the tax has been raised from 3333 rubles per thousand to 3467 rubles per thousand, for cigars - from 268 rubles per piece to 278 rubles per piece, for small cigars - from 3958 rubles per thousand to 3965 rubles per thousand, and for tobacco (excluding unprocessed tobacco) - from 3958 rubles per kilogram to 4116 rubles per kilogram.

#Europe #Sweden #Regulation

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