Italian wine exports increased 2% in July, with 5% growth in U.S. market
Posted on October 21st, 2009 by VinoWire
According to a report posted this week by Numeri del Vino, Italian wine exports grew by 2% in July 2009 (compared to July 2008), with an increase of 5% in the U.S. market.
The authors of the post report that modest optimism is warranted: while exports dropped by 15-20% in the first quarter of 2009 (compared to 2008), followed by a decrease of 9% in May and 7% in June (with respect to the previous year), July numbers are a sign of renewed consumer confidence, according to the authors.
Filed under: News
I hate to be the bearer of ill tidings but everyone is looking for relief and are looking at the wrong indicators. Unemployment keeps rising, the housing market will suffer a serious blow starting mid-2010 that will stretch into 2012…people are looking something different in their wines…is that 2% rise in volume or in dollars?