Cigarette sales decline as taxes raise prices

Higher cigarette prices have prompted Americans to cut down on smoking, according to a US Agriculture Department report. The study estimates that cigarette consumption for the year ending June 30 will be down 3 percent from last year.

A ''big jump in retail prices'' contributed to the decline, a department economist said. A major portion of that price jump was caused by higher federal cigarette taxes, he said.

You've read  of  free articles. Subscribe to continue.
QR Code to Cigarette sales decline as taxes raise prices
Read this article in
https://www.csmonitor.com/1983/0608/060819.html
QR Code to Subscription page
Start your subscription today
https://www.csmonitor.com/subscribe