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Cigarette Prices in Turkiye Set to Surge as Inflation-Linked Tax Hike Looms
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5 Articles
After the Special Consumption Tax regulation, cigarette prices increased by 5 TL. The new prices started to be reflected on the shelves in Isparta. Depending on the PPI (Producer Price Index) rate announced at the beginning of July, the Special Consumption Tax applied to tobacco products was updated. In this context, cigarette prices were increased by 5 TL as of today. The increased prices started to be reflected in dealers throughout Isparta.
With the 6-month PPI update of the Special Consumption Tax, the automatic increase of 2.10 TL for gasoline, 1.97 TL for diesel and 1.61 TL for LPG will be reflected at the pump after July 3. Here is the latest status of fuel prices as of July 2025…
The increase in the Special Consumption Tax on fuel, cigarettes and alcohol has been announced
Cigarette Prices in Turkiye Set to Surge as Inflation-Linked Tax Hike Looms
Cigarette prices in Türkiye are expected to rise sharply as a result of an automatic special consumption tax (SCT) adjustment tied to inflation data set to be released on July 3. According to Haberturk, the SCT on tobacco products will increase by approximately 15%, based on the six-month Producer Price Index (PPI). The index rose by 12.92% in the first five months of 2025, and with June figures included, the hike is projected to reach 15%. Unde…
Romanian Prime Minister Ilie Bolojan compared the current economic situation with 2010 when Romania had the biggest budgetary deficit in the last 30 years.
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