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Retail Intelligence

A Third Of Consumers Say Tobacco Tax Hikes Will Deter Them From Buying Cigarettes

According to the latest Consumer Insight report from Empathy Research, almost a third of smokers (31%) indicated that the tax increase on tobacco in the recent Budget will dissaude them from buying cigarettes in the future.

Breaking this down by age, younger age groups are more likely to be put off smoking due to the price increase on tobacco. Interestingly, almost 2 out of 3 smokers aged 18-24 say they increase on tobacco will dissaude them from buying cigarettes in the future, this is noticeably higher than all other age groups; 25-34 years (26%), 35-44 years (28%), 45-54 years (17%) and 55+ years (17%).

Elsewhere, 45% say that the new prices will have no impact on their smoking habits, while the remaining 24% are unsure what effect the increase will have.

Four fifths of Irish adults (80%) expect there to no change to the amount they will spend on groceries in the wake of the recent budget. Almost than 1 in 10 (8%) expect to spend less on their groceries.

Despite expectations that grocery spending will remain the same, the majority of Irish adults (87%) feel supermarkets still need to do more to respond to the current financial situation, with four in ten adults (39%) indicating that supermarkets should be doing ‘a lot more’ to help. Those with children (46%) are significantly more likely to be of this opinion compared to those with no children (34%).

Click here for more information from Empathy Research.

© 2015 - Checkout Magazine by Niall Swan

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