Illicit market growing
The burden on motorists will increase significantly, among other things
Tobacco consumption on the rise
Turnover of tobacco shop supplier exceeds HUF 1 trillion
Why have the figures jumped?
EU ban to go live
2023 was a difficult year, and tobacco sales reflect this
All key HICP indices show greatest rise in CEE too
Analysts expect a 1.8% fall this year for the overall industry
Tobacco products to become more expensive in Hungary as well
There is a big change coming
Market needs to be reduced further
New tax package includes excise tax hikes
Lower small business tax, higher excise on tobacco, free spirits
European Council approves conclusions
EU ban enters into effect
Raise of excise tax has impact only in a few member states
The European Commission published decisions on three infringement procedures that involve Hungary on Thursday.
2020 tax package lands.