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Wine Trend 2010 #8: Cheaper (less expensive) champagne

>> Saturday, January 16, 2010

Champagne is probably the wine region that has prospered most during the past decade. They have rather had a shortage of wine (or grapes) and steadily growing prices. But there’s a risk that this is over. Sales in 2009 have probably dived by more than 25% (we don’t have any final numbers). In spite of what is almost effectively a production cartel in the Champagne region, to control prices, next year is likely to be hard. (The local control authority decided, for example, to cut the allowed grape yield in 2009, hoping that it would keep prices up.) In time for New Year you could buy champagne in Paris for less than 9 euro and in England it seems you could find some bottles at less than 15.


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