CANADA: Restaurant industry burned by rising dairy prices
TORONTO/CNW/ - Canada's restaurant industry is urging dairy producers to hold the line on dairy prices in 2002. Over the last seven years, overheated dairy prices have increased by 24%, which is almost twice the rate of inflation. Pizza restaurants buy most of the mozzarella cheese produced in Canada, and have been hardest hit by the price increases, which have cost the restaurant industry almost $300 million since 1994.
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