Average wine price in UK breaks £5 mark (by Lucy Shaw)

Posted: January 13, 2013 by wynmaker in Wine, World wine news
Tags: , , , , , , , , , , ,

british banknote 5 pounds sterling obverse

 

 

The average price of a bottle of wine in the UK has broken the £5 mark for the first time.

According to the latest figures from Nielsen, the average off-trade price of a 75cl bottle of wine now stands at £5.03.

The finding forms part of a WineNation 2012 report commissioned by Accolade Wines’ research team in collaboration with Nielsen and other research bodes.

According to the report, since 2002, 80% of the rise in wine pricing can be atrributed to tax increases.

Read on …

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