Huge champagne campaigns in Western Europe
The economic crisis has shaken the champagne market as well: due to the the stagnation of the demand, traders are offering the luxury drinks on discount prices.
In France it is not rare, that 10 euros are paid for a bottle of fine champagne, instead of 13 euros, but before the holidays, one could buy quality champagne for 8.50 euros. In Germany, there were actions for 9.99 euros, but the average price, of a mid-range champagne is well above 20 euros.
Because of the economic crisis, the French champagne exports decreased. In some markets, the decrease amounted to 60 percent – reports MTI Eco.
Related news
Related news
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >