Why cigarettes are becoming more expensive in Ukraine?
Since January 1, 2021, the specific rate of excise duty on cigarettes has increased by 20% and is UAH 1,088.64 (39 USD) per 1,000 cigarettes, and the minimum rate is UAH 1,456.33 (52 USD) per 1,000 cigarettes. "The price of traditional cigarettes is expected to increase not only due to the increase in excise taxes but also with the increase in production costs (increase in the cost of electricity, the size of the minimum wage and other macroeconomic factors)," the press service of British American Tobacco Ukraine (BAT) noted. Cigarillos will also rise in price. [...]