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Restaurants Canada Boosts 2023 Sales Forecast And Trims Forecast For 2024


Consumer demand for foodservice in the first half of 2023 has been much stronger than Restaurants Canada’s Senior Economist Chris Elliott and other observers anticipated, even with higher-than-expected menu-price inflation. The association has thus revised its forecast for foodservice sales growth in 2023 substantially higher, as part of its normal quarterly revision process. Nominal growth…

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