3.9k Share this

Smokers have puffed their way through multiple hikes in the price of a pack of cigarettes over the past two years. What is happening at the gas pump may soon force them to cut back.

The volume of cigarettes sold in the U.S. over the four weeks through March 26 fell 9.4% from the same period last year, data from Nielsen shows. This is a deterioration from February’s already weak volumes, which slipped 7.9% year-over-year.

Source: WSJ

3.9k Share this
You May Also Like

Colgate-Palmolive: Stability Amid Volatility

HEFEI, CHINA – APRIL 18: (CHINA OUT) A shop assistant removes Colgate…

Trust and clarity are missing in discussions of carbon emissions and crypto

The need for a clear, balanced concept of the issue was a…

Housing Market Boom ‘Is Over’ As New Home Sales Implode–Here’s What To Expect From Prices This Year

Topline New home sales unexpectedly plunged much more than economists projected—and for…

Russian Oligarch Roman Abramovich’s Offshore Wealth Is Focus of New Probe

ST. HELIER, Jersey—Authorities in this offshore financial center in the English Channel…

AI Ethics Unnervingly Asking Whether AI Biases Are Insidiously Hiding Societal Power Dynamics, Including For AI Self-Driving Cars

AI biases might be a harbinger of societal power dynamics, raising thorny…

Ralph Lauren Stock To Trade Lower After FY Q4 Results?

HONG KONG, CHINA – 2022/02/10: A pedestrian walks past the American fashion…

Why The Dallas Cowboys Should Aim To Acquire Veteran Receiver

The Dallas Cowboys appear to be lacking depth at wide receiver entering…

ADDX bags $58M to reduce min. private investment by 10x via smart contracts

ADDX, a blockchain and smart contract-based digital securities platform from Singapore raised…