date:Dec 08, 2022
ime, many consumers were going for higher quality and higher priced products from the region. They spent more time at home and didn't go on vacation. People ate more consciously and made more conscious purchases accordingly, Kretzschmar recalls.
Price pressure dissipated from above
Compared to 2019, sales have increased somewhat. At the same time, he notes a significant drop in the profit margin due to the immense increase in production costs. Labor costs have also risen enormously, he said,