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December 05, 2007

Rising Wine Prices

The weak U.S. dollar, increased oil prices, rising labor costs, little consumer brand loyalty, endless selection of wine producers to choose from, the hunt for price and value, high demand and low supply of certain wines all lead to one conclusion - the price of wine is expected to rise, especially for European wines, in the near future. 

An article in the NY times, written by Eric Asimov, explores this fearful topic further.  Check it out.

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