Morocco: New increase in cigarette prices

New increase in the price of cigarettes in Morocco, mainly affecting entry-level, so-called “value” brands. Some packages see their price increase by 0.5 to 2 dirhams, while premium brands are mostly spared.

This pricing policy is part of the reform of the Internal Consumption Tax (TIC) on cigarettes, aiming to reduce the price gap between value and premium cigarettes and to “depolarize” the market, reports Le360.