Market Report, "Packaged Food in Portugal", Published
The pace of the economic situation in Portugal in 2012 was slower than previously anticipated, and the level of unemployment remained significantly higher compared to pre-recessionary years, which was reflected in the still cautious attitude of consumers towards spending. In 2012, foodservice volume sales continued to suffer as many Portuguese consumers were still reluctant to spend money on meals away from home. Additionally, they continued to look for bargains and cut back on some...
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