Higher food costs melt forecast growth on ice cream market - Azi

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Local ice cream producers have estimated that growth will be half of last year"s level.

The producers believe the increase in the price of basic food products will have a negative impact on local ice cream sales."Our sales are dependent on the weather, as well as the economic situation, and it is obvious that food prices have gone up lately. Ice cream is no longer a basic product, unlike bread, so it all depends on how each person portions their food budget," says Ioan Istrate, owner of the...

Read the whole story in: Ziarul Financiar