Table 1 Relative Income Price (RIP) and Price Dispersion Index, 2020

Affordability

Affordability Index

2.67%

1.27%

3.97%

1.15%

3.81%

1.79%

Trend growth rate in affordability

2008–2018

11.54%

9.65%

13.61%

14.24%

15.38%

13.06%

Cigarettes less affordable since 2008

YES

YES

YES

YES

YES

YES

Price Dispersion

Price of cheapest brand, pack of 20, in local currency and (USD)

0.80 (2.13)

0.30 (0.98)

0.45 (1.17)

9.00 (2.47)

14.00 (4.00)

11.50 (2.31)

Price of Marlboro (or other premium brand), pack of 20, in local currency and (USD)

2.30 (6.12)

0.85 (2.78)

2.20 (5.72)

22.00 (6.04)

28.00 (7.47)

21.00 (5.72)

Price dispersion index

34.78%

35.29%

20.45%

40.91%

50.00%

54.76%