Market Report, "Ice Cream in Finland", Published
Volume growth in ice cream is set to be disappointing during 2012, with a 1% decline anticipated. This poor performance is set to be mainly the result of the introduction of the so-called 'sweet tax' in Finland during 2011, a specific tax on certain foodstuffs which contain high levels of sugar. The rate of taxation levied under this tax was increased in January 2012. The adverse situation which resulted from this was further accentuated by the economic uncertainty which hit...
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