15% increase in cigarettes
After the increases in the costs of alcoholic products, today there was a rise in cigarettes.
The last time cigarette prices rose 15 percent on New Year’s Eve.
With the new price increases, the Philip Morris group has increased its products by 5 TL.
Providing information to Sozcu.com.tr, President of Turkey’s Monopoly Dealer Platform Özgür Aybaş said that a price increase has been made for a group of cigarettes today, but all cigarettes will increase.
Aybaş stated that due to the competition law, not all companies can announce an increase decision on the same day.
SALES OF CIGARETTES HIGH DELAY APPLY
Making a statement to Sozcu.com.tr two weeks ago, Aybaş said that the shipment of most products was still quite limited, while he reported that some products could not be shipped at all.
Although this situation was explained by the fact that the tobacco companies sent abroad at a very high rate and caused disturbances in the domestic market because the banderol did not grow, according to the managers of the monopoly distributor platforms, it was explained that the companies they were protecting themselves due to the rising cost of cigarettes.
Source: Sozcu
Andrew Dwight is an author and economy journalist who writes for 24 News Globe. He has a deep understanding of financial markets and a passion for analyzing economic trends and news. With a talent for breaking down complex economic concepts into easily understandable terms, Andrew has become a respected voice in the field of economics journalism.
