The Korea Herald

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Cigarette sales rise 14% in H1 despite antismoking campaign

By 박윤아

Published : July 20, 2016 - 10:30

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[THE INVESTOR] Despite last year’s price hike and the government’s antismoking campaign, cigarette sales in South Korea rose about 14 percent in the first half of the year, industry data showed on July 20.

Smokers in South Korea purchased 35.3 billion cigarettes in the first six months of the year, compared with 31 billion cigarettes sold during the same period last year, the data by market researcher Neilsen showed. 

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Early last year, South Korea increased the price of cigarettes by 80 percent, from 2,500 won (US$2.18) per pack to 4,500 won, in an effort to curb smoking. The government has also expanded no-smoking zones.

Tobacco sales stood at 5.7 billion cigarettes in January, 5.3 billion in February, 5.8 billion in March, 5.8 billion in April, 6.3 billion in May and 6.3 billion in June, according to the data.

(theinvestor@heraldcorp.com)