The broadest measure of the wine market, the Liv-ex 1000 index, rose 0.8 percent in June to close at 471.65 – the smallest gain so far this year. The Liv-ex 100 index also went up 0.7 percent last month.
The subdued performance of the indices suggests increased buying caution in an environment of rising inflation and a possible recession. The Liv-ex 1000 consistently has outperformed the Liv-ex 100 during the past few months however, showing that diversity is key to the market’s ability to weather the current economic situation.
The Champagne 50 was the best-performing Liv-ex 1000 sub-index in June, rising 1.6 percent. Perrier Jouët Belle Epoque 2012, Dom Pérignon 2010 and Salon Le Mesnil-sur-Oger Grand Cru 2006