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Sharp decline in soda consumption, companies blame weather

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A cold, wet spring may be responsible for a decline in soda consumption. Coca-Cola, Pepsico and Dr. Pepper/Snapple group all sold less soda in the second quarter of this year.

The decline continues a year-long trend, although the world's largest beverage maker cited a number of issues, including bad weather in the U.S. and Europe.

According to industry experts, sales have been steadily slipping since 1998 amid concerns that sugary drinks are unhealthy.

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