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Russian Market > Government Regulation
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Mysterious Tobacco Market Dynamics

The incidence of smoking in Russia is on the decline, but there is no clarity as to the trend

All market participants agree on one thing: smoking has dropped in Russia since 2008. This, however, is where the unanimity ends. The decline rates are unclear, the reasons are not evident, and accordingly, there is no model of the phenomenon and it is impossible to say something with confidence about how the situation will develop.

As for the market shrinkage rates, a year ago...

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