03-19-2015, 09:40 AM
(03-18-2015, 08:25 PM)NilesMike Wrote:(03-18-2015, 10:26 AM)Roadmap2Retire Wrote:(03-16-2015, 08:37 PM)NilesMike Wrote:(03-15-2015, 06:06 PM)Roadmap2Retire Wrote:(03-15-2015, 05:38 PM)NilesMike Wrote: I have not seen any credible report to support the notion that smoking is on the down swing in Europe.
Perhaps you are not looking in the right place? Almost every report out there shows that the percentage of smokers is declining. A quick Google search reveals a plethora of such reports. Heres an exhaustive report compiled by WHO.
http://whqlibdoc.who.int/publications/20...562099.pdf
Couldn't open your link but, the total number of smokers is not decreasing. The rate of smokers is decreasing but as the population increases, the number of smokers is offset.
7% more cigarettes were sold in 2013 than 2001. That is not a decrease.
NilesMike,
With all due respect, I think you are in denial. A quick search on Google will show you all sorts of trends and charts from across the industry and independent studies, be it from health organizations such as WHO or CDC or studies conducted in universities. Even PM's annual report clearly shows the volume of cigarettes is declining in all geographic regions.
Yes, the profit is rising year over year, but that is because the cigarette prices have increased significantly to balance out the declining volume.
You mean like this one (1st one listed in search for worldwide cigarette consuption).?
http://www.seattletimes.com/seattle-news...-climbing/
Its easy to pick one report that agrees with your point, when every other report is indicating otherwise, isnt it?
See report here: http://whqlibdoc.who.int/publications/20...562099.pdf
See annual reports from
- Philip Morris - (overview of volume in page 2) - http://media.corporate-ir.net/media_file...index.html
- Altria - https://materials.proxyvote.com/Approved...198133.PDF
- British American Tobacco - http://www.bat.com/group/sites/uk__9d9kc...penelement