Market Report, "Packaged Food in New Zealand", Published
Value sales performance for packaged food was positive during 2013, increasing by 3%. Nonetheless, 2013 value growth was lower than the growth witnessed in 2012 and the CAGR over the review period. Higher value growth during the review period was in part due to the Goods and Services Tax (GST) increase which took place in October 2010. The New Zealand economy was in a state of recovery during 2013, which in turn drove both value and volume growth. Whilst consumers...
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