Wine sales show signs of recovery
The still light wine market may be showing the first signs of recovery with volumes up 2% after a period of stagnation, according to Nielsen figures. Value sales remain in growth, up 6% in the year to July 11 2009 to just over £5 billion due to the increases in duty and exchange-rate fluctuations which have forced up prices.
Champagne continues to decline by 14% in volume and 9% by value but sparkling wine has held up much better with volumes down just 1% and value up 7%.
Nielsen said the good weather in June and early July helped boost wine sales with Rosé pushing the market on.