Tax Changes in Finland decrease Food Prices

In this episode of Globalcast, Euromonitor International Research Analyst Pasi Hanonnen analyzes the recent tax system changes in Finnish food and beverage markets. Hanonnen also explains the consequences of these changes on foodservice channels and reviews recent industry developments.
Hanonnen discusses:

How Finland is known as a country of high taxes, and how that stigma shows in the value-added tax in the country
If the value-added tax is indeed high, or if the thought is a common misjudgment
How Finnish consumers reacted to the tax change
The reaction from the Finnish foodservice industry on the tax change
The trends in food and beverage industry prices after the tax change
If Finland can expect any more tax fluctuations in the near future