china cigarette price increase 2026 Prime Minister Lawrence Wong announced a 20 per cent in tobacco excise duty, across all tobacco products, in his Budget Speech of 2026. This will take place with effect from today (Feb. 12, 2026) Budget 2026 tightens the screws
Budget 2026 tightens the screws on tobacco. Higher GST, a steep jump in NCCD, and a shift to retail pricelinked excise mean higher prices and rising pressure on margins. With total tax incidence Cigarette Sales Are Rising in China, Defying Global Trend China Retail Price: 36 City Avg: Cigarette: Domestic: Low quality Economic Indicators CEIC cigarette prices in are rising 40% Attention! Cigarette prices will increase starting January 2026 Cotidianul
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