Tuesday, November 25, 2008

Catering 'true' inflation for ten years

The Dutch catering prices in the past decade more than inflation over the same period.

This is demonstrated by figures from the Central Bureau of Statistics (CBS). Since 1998, the prices in the catering industry with over 40 percent up, while inflation (the average price increase) in the same period amounted to about 25 percent. The increase in the catering industry was also the last 10 years almost always higher than inflation.

The total amount that households spend in the catering industry, growing since the third quarter of 2007 no more. In the second and third quarter of this year, the expenditure decrease. That, according to the CBS mainly due to the deteriorating economic situation.

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