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Wine prices to rise after dry weather in Spain and Italy
Oct 1, 2012
(Telegraph) - The cost of table wine is set to rise due to a devastating grape harvest in Spain and Italy caused by a drought. Rising prices will add to the overall cost of a weekly shop for hard-pressed shoppers who are already suffering from higher food bills.
Dry weather and drought has caused heat damage to vines in key European growing regions. Spain's grape harvest this year is forecast to be 40 per cent lower than last year as a result of drought.
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