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Wine prices skyrocket ahead of holiday season

Por: Newsweek World December 07, 2023

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As holiday preparations commence, consumers are greeted with the unwelcome guest of soaring wine prices.Live data from the Federal Reserve Economic Data (FRED) indicate a sharp climb in the cost of wine grapes, culminating in a peak that threatens to tip the scales of festive budgets.Vineyards that grow those grapes are facing a dual challenge that's putting pressure on the industry and driving up prices. A report issued earlier this year... + full article



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