Cigarette prices likely to rise again next week
Story Date: 3/26/2018

 

Source: Richard Craver, WINSTON-SALEM JOURNAL, 3/22/18

The price of traditional cigarettes is going up again, this time by 9 cents per pack for at least Philip Morris USA's brands, a leading tobacco analyst said Thursday. The increase in Philip Morris' list prices is expected to go into effect with shipments beginning Sunday, Wells Fargo Securities analyst Bonnie Herzog said. The list price is what wholesalers pay manufacturers for their products. The increases typically are passed on to customers.

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