Wine prices to rise after poor 2012 harvest

Friday, 5 October, 2012
Lucy Shaw, thedrinksbusiness.com
The cost of entry-level wine in the UK is set to rise after poor grape harvests in Spain and Italy.
Drought and dry weather has led to heat damage to vines in key European growing regions, with Spain’s grape harvest this year expected to be 40% down on 2011. 

Italy’s harvest meanwhile, is estimated to be 8% lower than last year, with some forecasters predicting it to be the country’s second smallest harvest since 1950. 

Producers in New World countries such as Australia and New Zealand have already upped their wine prices due to poor 2012 harvests, and... read on

WineLand

The 2012 wine harvest.
The 2012 wine harvest.

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