Wine's up in price by 8.4% in restaurants over the past six months.
And yet interest paid on savings is less than half a percent, and the published inflation rate is less than 1%.
The runup in the cost of a glass of wine is mostly due to the economic recovery and a growing shortage of wines. That is surprising, as there was a large glut of wine until recently.
Read the article here.
You can still save a lot by taking your own bottle to the restaurant and paying corkage. Even with corkage as high as $25, you will likely save money. And don't let the server fill your glasses--that is your job. You are the best person to know if and when you and your guests want more wine; if your server just pours the wine arbitrarily and repeatedly, it can waste some wine and prevent the opening in the glass that you may be waiting for.
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