Now Available: Packaged Food in Belgium
Following a sluggish performance in 2009-2010 during the tough economic climate, packaged food picked up in terms of value growth in 2011, as consumer confidence and spending strengthened. Fears of a double-dip recession and renewed consumer cautiousness in 2012, however, dampened its performance, and value growth is expected to slow down compared with 2011. Trade sources pointed out the declining traffic in grocery retailers in 2011/2012. In addition, packaged food lost some of its previous...
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