Home / Business / Hungary’s Tobacco Market Lights Up

Hungary’s Tobacco Market Lights Up

The Hungarian tobacco market has been lit up and most probably will break the annual record of traffic, Hungarian daily Világgazdaság reported based on data made public by national tobacco distribution firm Nemzeti Dohánykereskedelmi (ND) Nonprofit Zrt.

Retail traffic of tobacco products in June exceeded HUF 56.6 billion, which boosted second quarter sales to HUF 160 bln, with first half sales almost reaching HUF 280 bln. Annual tobacco traffic has been breaking records recently. The HUF 535 bln record of 2014 was beaten by 2015’s HUF 561 bln and last year’s HUF 586 bln.

As the festival season kicked off, as usual, tobacco sales saw a spike. Still, as the prices of tobacco products were elevated by new income tax rules as of January 1, the volume of growth appears fair, Világgazdaság reported.

Some 16,000 Hungarians light up a cigarette every minute, statistically of course; in June, Hungarians smoked more than 693 million cigarettes. Additionally, 471 tons of tobacco and 45 million mini cigars were lit during the last month, the paper added.

Check Also

Coronavirus: Hungary Applies for EU VAT Exemption for Masks, Respirators

The Hungarian government has appealed to the European Commission to grant VAT exemption for imports …

10 comments

  1. Howdy, I think your web site could be having browser compatibility problems.
    Whenever I look at your website in Safari, it looks fine however, if opening in IE, it’s got some
    overlapping issues. I simply wanted to provide you with a quick heads up!
    Aside from that, excellent site!

  2. Howdy! I know this is kinda off topic nevertheless I’d figured
    I’d ask. Would you be interested in trading links or maybe
    guest authoring a blog article or vice-versa? My website covers a
    lot of the same subjects as yours and I think we could greatly
    benefit from each other. If you’re interested feel free to send me an email.
    I look forward to hearing from you! Excellent blog by the way!

  3. I’m gone to inform my little brother, that he should also
    visit this website on regular basis to take updated from most up-to-date news.

  4. Pretty nice post. I just stumbled upon your blog and wanted to say that I have really enjoyed surfing around your blog posts.
    After all I’ll be subscribing to your feed and I hope you write again soon!

  5. Way cool! Some very valid points! I appreciate you penning this write-up plus the
    rest of the site is also very good.

  6. It’s really a nice and useful piece of info. I’m glad that you simply shared this helpful info with us.

    Please stay us up to date like this. Thanks for sharing.

  7. Good day! Do you use Twitter? I’d like to follow you if that would
    be okay. I’m definitely enjoying your blog and look forward to new updates.

  8. I like the valuable info you provide in your articles. I’ll bookmark your blog and check again here regularly.
    I’m quite sure I will learn many new stuff right here!
    Good luck for the next!

  9. Great post. I used to be checking constantly this weblog and I am impressed!
    Extremely helpful information particularly the
    final part 🙂 I care for such information much.
    I was looking for this certain info for a very
    lengthy time. Thank you and good luck.

  10. I wanted to thank you for this fantastic read!!
    I definitely loved every bit of it. I have you bookmarked to look at new stuff you post…

Leave a Reply

Your email address will not be published.