Nick Martin, founder of Knight Frank told Decanter.com that ‘Blue chip Burgundy remains very strong, up 31% last year and 12% year to date. Scarcity paired with global demand for sought-after producers has made top Burgundy a consistently good bet, with 10 year gains of 411%.’
Laura Seal continues at Decanter.com:
Other experts were more cautious, but still upbeat about the fine wine market’s health as 2017 draws to a close.
BI LiveTrade Index reported fine wine price growth of 14% year-on-year to the end of June 2017, although this decreases to 2.5% growth when measured January to September 2017.
Read more here.
Latest posts by Richard C. Young (see all)
- Trump Produces Largest Gain in Jobs Since 70’s - January 24, 2020
- Boris Gets Brexit Done - January 24, 2020
- Can a President Be Found Guilty of “Thought Crimes”? - January 23, 2020