Implications of war on the food, beverage, and tobacco industry in South Korea.

Humanit Soc Sci Commun · 2023 · PMC10175896 · PMID 37200567

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an increasing trendno p-value reported

1 , we observed an increasing trend in the net sales of the F&B industry, which opened the scope for the F&B industry within South Korea.

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a negative trendno p-value reported

The results show a negative trend observed in the F&B sector returns for a few months, implying that sector stock returns decline as the conflict between Russia and Ukraine becomes more pronounced.

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Quoted from the open-access full text in Europe PMC under the licence the publisher applied. The sentence is reproduced exactly as published; the emphasis is ours.