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Wine and spirits industry will not be helped by falling oil prices says Moody's

Published:  16 January, 2015

The global drop in oil prices will only have a "modest" impact on consumer spending and the retail industry in the European Union, according to a new report from Moody's the credit rating agency.  revised its pricing assumptions in a newly published report that looked at the global impact the reduction in the cost  of oil could have and found there would have a 'modest' impact to consumer spending and retail within the EU.

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