Portugal Drinks More Wine While the Rest of the World Cuts Back: Global Consumption Falls to a 1957 Low, Leaving a Three-Year Surplus
OIV figures show global wine consumption fell 2.7% to 208 million hectolitres - the lowest since 1957 - while production rose, leaving a surplus analysts liken to three years of drinking. Nine of the ten top markets shrank; only Brazil and Portugal (up 5.6%) grew, a double-edged result for Portugal'
