Illicit cigarette market shrinks under 11 percent
Budapest, December 7 (MTI) – The share of Hungary’s black market for cigarettes has fallen to 10.7 percent from 12.1 percent in the past year, daily Magyar Idok said on Monday, citing data from market researcher GfK.
About one-half of one percent were counterfeit cigarettes and the rest were smuggled, mainly from other countries in Eastern Europe, the data based on a survey of discarded packaging shows.
Hungarian authorities have seized 70 tonnes of tobacco and 47 million cigarettes so far this year, Magyar Idok said.
The paper noted that Hungarians now roll about 55 percent of the cigarettes they smoke, availing of the lower tax on loose leaf tobacco.
Photo:Â www.nograd24.hu
Source: http://mtva.hu/hu/hungary-matters
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