ISRAEL: Israeli food industry in crisis
Israel's food industry is in its deepest crisis in a decade, according to Gezy Kaplan, Chairman of the Food Division of the Manufacturers Association of Israel . During the first five months of 2001, "productivity of the country's food sector fell by 1.9%, compared with the same period last year." He added that from January to July 2001, processed food exports fell by 8.3%, to US$248m in value, while imports rose 2.8% to US$503m.
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