Packaged Food in Finland - New Study Released
Packaged food is expected to continue on the same steady and modest growth track as in 2012. The growth is partly generated by the VAT increase from 13% to 14% in January 2013. The economic uncertainty continues to limit the value growth, while both consumers and the packaged food companies are under tighter budget constraints and more careful in their investments. However, overall basic goods such as packaged food are rather inelastic to the changes in the economic environment, when...
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