Wine – Fine wines are becoming more expensive – Economy

The top wineries in Germany expect cost increases of 30 percent and corresponding price increases. The reasons given by the President of the Association of German Prädikat Wineries (VDP), Steffen Christmann, on Sunday included higher prices for cardboard boxes and “the drastic increase in wages”. Although these are to be welcomed in the interests of the employees, someone has to pay for them and in the end it is the consumers. “We assume that consumers will drink less wine, but better.” Last year, the VDP members achieved sales of 444 million euros with sales of 33 million bottles.

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