The Liv-ex 1000 index – the broadest measure of the market – dipped 1.2% in March to close at 354.3. The industry benchmark, Liv-ex 100, also fell by 0.2% this month. Both indices have failed to make gains so far this year.
Within the Liv-ex 1000 sub-indices, the Burgundy 150 was the biggest faller, down 2.3%. The index also dipped 3% in February. This has left some questioning the region’s relentless rise, as was discussed in our special report Burgundy – in the spotlight.
The Bordeaux 500 – the worst performer over one year – also pulled back (-0.6%) in March.
While most indices fell, March saw the rise of the Champagne 50 and Italy 100, which gained around 1% each.