:. Food Industry News


German Chocolate Sales up on Mild Summer, Football

Source: Reuters
26/08/2008

Hamburg, Aug 26 - German chocolate and confectionery sales rose 2.3 percent to 632,200 tonnes in January to June this year, confectionery retail and industry association Sweets Global Network said on Monday.

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Sales by volume rose by 5.4 percent to 4.283 billion euros ($6.32 billion), it said.

Price increases imposed by manufacturers following increases in cocoa and energy prices were largely the reason why sales by value rose faster than volumes, an association spokesman said.

"Demand is strong and we have benefited from the relatively mild summer while demand for confectionery and other snacks benefited from the European football championships this summer," he said.

German discount supermarkets were also increasing their strong hold on confectionery sales, raising their turnover by 0.7 percent to 1.346 billion euros, it said.



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