date:Apr 01, 2013
The trade bodys economic bulletin for Q4 2012 found that EU food and drink industry production fell by 0.36% in Q4 of 2012 compared to the previous quarter.
The drop was less pronounced than levels observed outside the industry as the overall EU manufacturing industrial production index decreased 2.3%.
Sugar and milk powder price hike
Many raw material prices fell during the quarter including, cocoa, coffee, soybean, rape and palm oil. However, prices for sugar, milk powder and soft wheat inc