How rising wine and champagne prices could pop your New Year’s Eve party
Wine Spectator senior editor Alison Napjus provides professional analysis of inflation’s impact on wine and champagne prices nationwide on ‘Mornings with Maria.’
Inflation has no doubt placed economic pressure on the wine and champagne industry, so much so that it may be impacting your New Year's Eve celebration.
Wine Spectator senior editor Alison Napjus issued a warning for party-goers just days before New Year's Eve, urging consumers to stock up now with prices as they are.
DESPITE INFLATION, CONSUMERS ARE STILL SPLURGING ON LUXURY SPIRITS
"Basically, we're seeing just this kind of perfect storm of a lot of things, increasing costs for wineries. But the good thing is, the report from the larger wine industry is that, for now, they're going to try and hold prices in order to keep their consumers."
"However, you may want to stock up now at these prices," Alison Napjus explained on "Mornings with Maria," Wednesday.