$22 Billion Worth of Unsold Alcohol Accumulated Worldwide
Financial Times covers the impact of inflation on the alcohol industry According to the Financial Times, a significant decline in demand for drinks such as Scotch whisky, cognac, and tequila has led producers to face the problem of overproduction. As a result, a vast amount of alcohol has accumulated in warehouses, forcing companies to resort to conserving their factories and lowering product prices. Currently, the five largest European alcohol producers — Diageo, Pernod Ricard, Campari, Brown