Recently Released Market Study: Cheese in Latvia
As with other dairy categories, cheese is expected to see an increase in average unit price in 2012, albeit much lower than that seen in 2011. Nevertheless, this increase, coupled to already very high cheese prices, is expected to result in cheese seeing a retail volume sales decline of 1% in 2012, despite the increasing purchasing power of customers as the effects of the economic crisis recede. In 2012, cheese prices increased as a result of high milk procurement price...
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