china cigarette price increase 2026 Budget tightens the screws on tobacco.📈 Higher GST, a steep jump in NCCD, and a shift to retail-price–linked excise mean higher prices and rising pressure on margins. With total tax incidence cigarette prices in are rising

cigarette prices in are rising 40% While cigarette sales have fallen across much of the world, China has moved in the opposite direction. The 2.4 trillion cigarettes sold in China each year account for nearly half the global Cigarette Sales Are Rising in China, Defying Global Trend cigarette prices in are rising 40% YouTube

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