18 month low for wine prices

Author: Per Karlsson
November 25, 2008

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Author: Per Karlsson
November 25, 2008

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Article filed in: News » 18 month low for wine prices

The Liv-ex 100 Fine Wine is an index (just like stock indexes) tracking wine prices. It has reach an 18 month low in October, falling 12% in that month alone. Some examples: Lafite 2004 -28%, Montrose 2003 -23%, Ausone 2000 -22% and so on. The somewhat broader Liv-ex 500 (including 500 wines) was not hit at all as hard, down only 1.8% in the month. Jack Hibberd, research manager at Liv-ex, says to Decanter: “the [wine] market is not immune”. www.decanter.com

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Author:

Per Karlsson

Swedish. Per is co-founder together with his wife Britt of BKWine. Rumour has it that his interest in wine started already when he was 11. Just like Britt he visits some 200 wineries each year on wine tours and for journalistic research. He writes about wine primarily online on BKWine Magazine and in the BKWine Brief. Per is also a professional photographer, specialising in wine and travel photography. See BKWine Photography for more on this. Since a few years back he has also branched out into video production on the same subject. He has contributed all images, and some text, to BKWine’s wine books.

Author:

Per Karlsson