Blog: Food a sticking spot in European sales "rebound"
Katy Askew | 10 January 2013
Following three straight months of decline, European retail sales picked up slightly in November. However, as Christmas approached, food remained a soft spot.
According to the latest figures from Eurostat, month-on-month sales in the euro area rose by 0.1%. But before we start hailing the beginnings of an upturn in Europe, it must be remembered that this month-on-month rise seems a natural trend given the approach of Christmas. Year-on-year, the figure is far less encouraging as euro zone sales were down 2.6%
For our industry, the numbers are more gloomy still. Food, drink and tocacco sales were down 0.3% month-on-month and 2.1% year-on-year. Countries that saw the biggest declines were - unsurprisingly - Spain, Slovenia, Bulgaria and Portugal.
With the euro zone struggling on, how do you expect your business fair over the coming 12 months? Do you expect to see an up-tick in economic activity on the continent? Share your views in our 2013 confidence survey. The results will be presented in a webinar in February.
Maggi noodles are yet to return to shelves in India but Nestle has started to pave the way for the brand's comeback with a series of social media ads....
just-food is downing tools for the public holiday in England and Wales on Monday 31 August. We'll be back at our desks on Tuesday 1 September....
Heinz's flagship product has provoked the ire of a competitor in Israel, a story that has attracted headlines in the international mainstream media. But even after making a change to the labels, a bot...
- Challenges for General Mills with The Good Table
- What US companies might Nomad Foods buy?
- Greek crisis - The impact on shopper behaviour
- Briefing: The emergence of gluten-free in Spain
- Competition intensifies among UK burger chains
- B&G to acquire Green Giant from General Mills
- Unilever claims victory in Becel dispute
- Mitsubishi buys stake in Olam International
- Mondelez opens line at Poland chocolate plant
- Cheese maker Entremont moves into frozen food