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Europe's weak consumer demand was affecting sales, and poor summer weather resulted in a short season for ice cream, Nestle said. Britain, Austria, Germany and Switzerland were holding up better than other areas, it said. There was a continuing economic slowdown across emerging markets in Africa, Oceania and the Middle East, where local conflicts and civil disturbances disrupted several markets. Central and West Africa and Indonesia, however, saw strong sales growth. China's sales also continued to grow, the company said, but in a somewhat slower trading environment.
[Associated
Press;
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