New Zealand post growth but wine sales dip in UK,

New Zealand post growth but wine sales dip in UK,

Argentina, Chile and New Zealand have bucked the downward trend in wine sales in the UK for the major producing nations, according to figures quoted by Concha y Toro this week. The wine company, which is Chile’s largest, cited IRI figures that show wine from the country increased its sales in the 12 months to 8 October by 4.5% on the corresponding period a year earlier. The rise, to GBP441.3m (US$538.2m), pushed Chile ahead of South Africa into fifth position. Overall, UK sales from the top ten producing nations were down in the 12-month period by 2.6% year-on-year, coming in at GBP4.8bn.

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