Liv-ex Index falls in September
The Liv-ex Fine Wine 100 Index fell by 6.35% at the end of September compared to the month before and is down 4.05% for the year to date – but has grown 4.72% year-on-year.
The index said all its indices had ended the month on a down note, largely as a result of price falls for first growths.
The Liv-ex Claret Chip Index fell 8.03% in September, and by 6.69% for the year to date – although it was still up 3.15% year-on-year.
The Liv-ex Fine Wine 500 Index, the broadest based of all the Liv-ex indices, also fell by 2.23% last month. But it was up 11.38% for the year to date and 19.48% year-on-year.
The Liv-ex Fine Wine 100 Index shows the price movement of 100 of the most sought-after fine wines for which there is a strong secondary market and is calculated monthly. The index is mainly made up of Bordeaux wines – a reflection of the overall market – but also includes wines from Burgundy, the Rhône, Champagne and Italy.
