Wine sales show modest increase |
| Written by Graham Holter |
| Monday, 08 June 2009 09:56 |
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Nielsen stats have indicated some modest growth in the take-home wine market. Sales were up 5% in value in the 12 months to May 16, and 1% in volume terms. The growth is small compared to the leaps made in recent years, and much of the value increase can be ascribed to duty rises and the spiralling cost of production and importing. But the data is more encouraging for the trade than the zero volume growth that Nielsen reported for light wine in the take-home trade earlier in the spring. Multiple grocers were the chief beneficiaries, with sales value up 8% and volumes up 3% over the period. The average price of a 75cl bottle of wine in the off-trade has risen to £4.25. |
