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Cigarette Prices Going Up

The price of a pack of cigarettes is set to rise by 50 kopeks to 1.5 rubles Jan. 1 when the Finance Ministry raises the excise tax on tobacco products by 30 percent, Komsomolskaya Pravda reported Saturday.

Data from the State Statistics Committee showed that the price of cigarettes had increased by 5.8 percent each year for the last six years -- about half the rate of inflation, the newspaper reported.

Viktor Stepashin, the deputy general director of Tabakprom, said the maximum price for...

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