Now Available: Packaged Food in Latvia
In 2013 packaged food recorded healthy growth for a third consecutive year, mainly due to a further increase in purchasing power and overall consumer optimism regarding their financial situation. Latvians could again afford to spend more on products, consumption of which was reduced or abandoned during the economic crisis. The growth rate, however, was slightly lower compared with 2011 and 2012, suggesting that packaged food is moving from sharp post-crisis recovery to a more stable...
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