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Cigar Inflation
Photo/Jeff Harris
No matter where you look these days, prices are higher. Whether you’re booking a flight, filling up the gas tank or ordering a ribeye at your favorite steakhouse, you’re likely to be spending considerably more than you did a year ago. And now, inflation is heading for the humidor as well. Cigars are getting more expensive. For the past few years, the meat of the market in the American handmade cigar industry has consisted of cigars with suggested retail prices of $7 to $10 each. For a box of 25, that comes out to $175 to $250—before taxes. Few of the latest releases this summer at the industry’s largest trade show, the Premium Cigar Association, came out in that …
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