Chocolate Confectionery in Latvia - New Study Released
Not being a staple product, chocolate confectionery is often bought either for special occasion or self indulgence. As such, consumption of chocolate confectionery is limited by the purchasing power of consumers to a significant extent. While consumer purchasing power was significantly impacted by the global economic crisis, a recovery was seen in 2012, which is expected to result in chocolate confectionery seeing positive retail volume sales growth for the first time since 2007. Furthermore,...
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