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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