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Tuesday, 6 September 2011

Fine wine prices falter in August

Start of a trend or a temporary blip? This is the first significant downturn since the latest steady growth curve started in January 2009.

From the  Liv-ex blog:

'Lafite: The force behind last month's losses
The Liv-ex Fine Wine 100 Index lost four per cent in August - its third-most dramatic monthly fall since its inception in 2001. Though the majority of index constituents performed poorly - most notably the First Growths - the real millstone was Lafite Rothschild.

Read the rest of the post here.

See also brief article in the FT 

Some analysis in Harpers here.