Brexit, YellowVest protests take fizz out of champagne sales
PARIS - Brexit and France's"yellow vest" protest movement pushed the number of bottles of French champagne sold last year to its lowest since 2004, trade group data showed on Sunday .
French and British sales together account for about 60 per cent of total sales by volume. French sales fell 4.2 per cent to 147 million bottles, with more bottles sold abroad than in France for the first time in 100 years, as a slow economy and the yellow vest anti-government protest movement weighed on sales.
In Britain, sales fell for the third year in a row, due in part to uncertainty sparked by the country's planned departure from the European Union. Volumes dropped 3.6 per cent to 26.8 million bottles for total revenue of 406 million euros. Volumes had already fallen 11 per cent in 2017 and 9 per cent in 2016.
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