Eastern Tobacco has raised the price of some of its cigarette brands by EGP 0.25 (EUR 0.03).
The company said in a statement the prices for Cleopatra Box, New Cleopatra Lites, Lite, Boston, Capitol, Super Star, Belmont and Golden King would rise. The new prices took effect on 1 September.
“This increase is due to the rise in the prices of the products’ raw materials. The previous price increase was not in our benefit, it was all paid in taxes,” an official at Eastern Tobacco Company said. (pi)
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