Wine is still a good long-term investment
On the wine market, the signs of prosperity continues to appear, especially with the rising demands of the Asian markets. Since January, prices have increased by 14-18 percent, only in March was some decline.
According to the Liv-Ex index of 100 Fine Wine Exchange; since 1993, the price of bottled wines increased by more than tenfold, so now wine as an investment means an average of 15 percent yield annually.
The biggest driving force is the Asian demand: China’s annual 8 percent GDP growth 'products' out a more and more growing consumer solvent layer – reports penzcentrum.hu.

Related news
Related news
Energy drinks are now legal: what every shopkeeper should know
New regulations on the sale of energy drinks came into…
Read more >The prices of household and hygiene products can also be tracked in the Price Watch
The online Price Monitoring System operated by the Hungarian Competition…
Read more >Voluntary price restrictions on medicines come into effect today
.The government always acts against unjustified price increases in the…
Read more >