New Market Report: Consumer Foodservice in Switzerland
Value sales of consumer foodservice saw a small decline in current terms in 2012. This was partly due to the difficult economic climate but the decline was also due to unfavourable currency conditions for exports and an unstable labour market. In addition, while the value of the Swiss franc continued to hit record highs against the euro, a decline in tourism occurred in the country thereby negatively affecting the performance of consumer foodservice.
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