Local

Wine prices about to skyrocket

You might need to drown your sorrows with coffee because the cost of wine is about to jump.

KRMG Consumer Warrior Clark Howard says there's been a terrible harvest of wine grapes in Europe because of weather conditions. Howard says, "We're consuming a lot more wine in the world it is being made right now."

Clark suggests stockpiling or, yes, hoarding, your favorite varietals.

Wine prices, like many things are simple supply and demand.

The irony, Clark points out, is that, while wine prices are going up, coffee prices are going down because of a massive oversupply.

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