Recent Study: Tobacco in Australia
Tobacco in Australia achieved stronger value growth in 2013 compared with the previous year largely due to tax excise increases. Whilst value sales were up, legitimate volume sales experienced a stronger decline during the year as consumers cut down on smoking due to the high taxes. Consumers purchased tobacco with affordability and value in mind, for example shifting to RYO tobacco due to the lower unit prices this category commands. Similarly, cigarettes in the economy segment performed well...
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