No. of Recommendations: 3
My suppliers have told me that most of the wines I'm buying are continuing without immediate price rises for the moment but that others (about 10% of my list) are increasing by around 10-15%. It seems to depend on the circumstances of the individual wine maker/exporter and the corresponding importer. It looks like they are doing their best to hold prices stable but that some have been more prescient than others in terms of currency hedging and other means of mitigating sterling weakness. (My list run is mostly wines from £8ish to £40ish).

I'm advising my customers to buy now before prices rise more generally. ;~)

People like me are just going to have to work a bit harder to identify wines that represent particularly good value for money. Which means even more wine tasting and research than before. It's a tough life……..
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