Spirits in France - New Study Released
The main event in spirits is the huge increase of taxation and its impact on sales of spirits. Excise duties increased by 9.6% to reach EUR1,660/hl of pure alcohol in 2012 after new taxes were set up in January 2012. Coupled with the gloomy economic context, the strong increase of unit prices resulted in sudden drops or at least slowdowns in most categories. All products that were still dynamic in 2010-2011 posted more reasonable volume growth in 2012 - for...
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