S. Korea's Rice Wine Output Falls Amid Slowing Demand
S. Korea's Rice Wine Output Falls Amid Slowing Demand
Apr 4, 2011 6
South Korea—South Korea's production of makgeolli rice wine fell for the first time in 32 months in February amid slowing demand from strong consumption over past few years, data showed Monday.
Makgeolli production came to 24,395 kiloliters in February, down 6.8 percent from the same month a year earlier, according to the data provided by Statistics Korea. That marked the first on-year contraction since June 2008.
Shipments for domestic consumption also fell for the first time since June 2008. A total of 22,753 kiloliters of makgeolli were shipped for consumption here in the cited month, down 8.1 percent from a year earlier, the data showed.
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