Tobacco tax increases and the consumer price index

The UN Statistics define the Consumer Price Index (CPI) as follows:
“The CPI is an index that measures the rate at which the prices of consumption goods and services are changing from month to month (or from quarter to quarter). The prices are collected from shops or other retail outlets. CPIs are official statistics that are usually produced by national statistical offices, ministries of labour or central banks…
Tobacco products are one of the consumer goods that are included in the basket for the CPI.

 

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