January 17, 2017

Fine wine merchants underestimate price rises in 2016

 Every January in the Liv-ex members’ survey, we ask fine wine merchants to estimate the closing level of the Liv-ex 100 index that year. For the first time since 2013, when we first asked for predictions, the index has performed better than Liv-ex members expected. It gained 24.8% to close on 297.33; on average, merchants predicted a rise of just 5.4%.