Hungarian smokers are facing a stark reality as 2026 begins, with the prices of cigarettes, cigars, and other tobacco products surging significantly. This sharp increase is the direct result of the government’s latest adjustments to excise taxes, confirmed by Chancellor Gergely Gulyás before Christmas and effective from January 1, 2026. The move is part of a continued effort to boost state revenue and align with European Union minimum taxation standards.
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