Italy Raises Cigarette Prices Due to Tax Increase
On February 16th local time, the Italian Tobacco Merchants Federation announced that the average price of cigarette packaging in Italy has increased by 20 cents due to a consumer tax hike in the 2023 budget.
The Italian Customs and Monopoly Agency website has recently released a price list for cigarettes, showing that the cost per pack ranges from 4.70 to 6.20 euros, depending on the brand. In Italy, nearly a quarter (24%) of the population are smokers, which is one of the highest rates in developed countries, while cigarettes are cheaper in Italy compared to other nations.
According to the Italian National Institute of Health (ISS), the number of smokers increased by 800,000 between 2019 and 2022, marking the first significant growth since 2006.
The International Space Station (ISS) also stated that the rate of growth in smoking among men and women is roughly similar.
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