Tobacco: Excise Duties
The question
To ask the Chancellor of the Exchequer, what estimate her Department has made with the Office for National Statistics of the potential impact of tobacco excise duty on the level of the Consumer Prices Index in (a) October 2024 and (b) June 2025.
Answered by James Murray
The independent Office for Budget Responsibility (OBR) are responsible for estimating the impact of Government policies on inflation. The OBR did not include an assessment on the contribution of tobacco excise duty to inflation in either the October 2024 or March 2025 Economic and Fiscal Outlook.
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