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US Drinkers Take Britain's Crown as Top World Champagne Buyers

U.S. drinkers overtook Britons as the world's biggest buyers of Champagne in 2017, after British purchases fell heavily for the second-straight year following the vote to leave the European Union, industry data showed. Higher inflation since the Brexit referendum and slower wage growth have pinched the spending power of British consumers and left households more uncertain about their finances. In volume terms, sales to Britons, long the biggest foreign buyers of French...

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