Greek finance minister to come to Paris today
Price of cigarettes goes up in France
The price of a pack of cigarettes went up by 30 cents on Monday, a raise that anti-smoking campaigners say is not high enough. The price hike will bring in an extra 660 million euros a year to the social security system.
The average cost of a pack of cigarettes in France is now 5.90 euros, six per cent higher than it was a year ago.
Budget Minister François Baroin said the raise is “moderate and reasonable” and works within the President’s anti-cancer plan.
Anti-smoking campaigners say that anything under a ten per cent raise in the price will have no effect on consumption, and public health. Last year the price went up by six per cent as well, but cigarette sales went down by only 0.2 per cent.
Government statistics show that tobacco consumption in France has gone up by two per cent in the five years since 2005.
Tobacco sellers say the raise in price will push even more people to buy their cigarettes outside of France.
The government looks to receive some 660 million euros from this most recent price hike, which is allocated to the social security budget.