Total revenue of Switzerland's chocolate industry fell 3.1% in 2011 to 1.69B francs due to strength of franc weighing on exports, trade group says
February 10, 2012
– According to the trade group Chocosuisse, the total revenue of Switzerland’s chocolate industry fell 3.1% in 2011 to 1.69 billion francs (US$1.84 billion), Bloomberg reported Feb. 10.
In an emailed statement, Chocosuisse attributed the decline to the strength of the franc weighing on exports.
The primary source of this article is Bloomberg, New York, New York, on Feb. 10, 2012.