Wine Sales Buck Downturn In Sweden

State-owned Swedish alcohol retailer Systembolaget has reported that sales of wine look likely to set a new record in 2009. Sales are on course to hit 174mn litres for the year, an 8% increase on 2008's figure of 161mn litres. Wine and strong beer have been the key drivers of volume growth at Systembolaget in recent years (see chart) while spirits, traditionally regarded as the most popular type of alcohol in Scandinavian countries, have been in

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