Full-Service Restaurants in France - New Market Report
In 2012, the optimistic recovery, which began in 2011 - even as French households gradually renewed their visits to full-service restaurants -, was cut short by new fiscal measures and a worsening of the unemployment rate. The category suffered drastically from the fiscal shocks which had been implemented at the beginning of the year: a new foodservice intermediate VAT raised to 7% as from January 2012 along with higher taxes on soda (sugary soft drinks) and strong alcoholic drinks. At...
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