New Market Research Report: Consumer Foodservice by Location in Spain
It was clear that in 2011 two factors defined the performance of the Spanish consumer foodservice market. First was the poor economic situation, which resulted at the end of 2011 in record negative GDP growth rates. Second was the arrival of tourists to Spain, which in 2011 increased by 7% over the previous year, according to Instituto de Estudios Turisticos. These two factors operated in divergent directions, which resulted in current value sales declining by 4% in 2011. Whilst the...
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