Cairo – Mubasher: Philip Morris Misr announced raising the prices of its brands, including Marlboro, L&M, Next, and Merit.
The new prices are EGP 29 for Marlboro and Merit, EGP 22 for L&M, and EGP 18 for Next, said the company in a press release on Wednesday.
This new hike is driven by an increase in the quotes of imported production inputs, the company added.