PMI raises Merit and Marlboro cigarette prices by EGP 2

Philip Morris International (PMI) has increased the price of its red and gold Marlboro varieties and all Merit-branded cigarettes, according to Ahram Online. A pack of Merit cigarettes will retail at EGP 42, up from EGP 40, while the price for a pack of Marlboro was raised to EGP 39 from EGP 37. PMI’s Marlboro medium, L&M, and next cigarettes were unaffected by the hike, which is the company’s second since the government raised the sin tax in July by EGP 0.75.