Expenditure on tobacco by income level
Variable | Low income | Middle income | High income |
Elasticity | −0.587 | −0.542 | −0.466 |
Change in sales (%) | −23.5 | −21.6 | −18.6 |
Annual expenditure on tobacco (MXN) | 3563 | 4490 | 6227 |
Annual expenditure on tobacco after tax increase (MXN) | 3817 | 4924 | 7092 |
Difference (MXN) | 277 | 411 | 760 |
Source: Prepared by Centro de Investigación Económica y Presupuestaria (CIEP) with data from National Survey of Household Income and Expenditure (ENIGH) 2020,6 CIEP 201916 and CIEP 2020.20
MXN, Mexican peso.