Argentine market complicates sale of Chilean wines
Read more www.cortahojas.com.-/ High inflation affecting Argentina, around 40% annually, is complicating operations Chilean wineries. To this must be added the high interest rates and supply problems that nation. The situation is so complex, that sales of the main Chilean wineries have fallen by up to 36% so far this year. Because this scenario several Chilean companies operating in Argentina are restructuring their operations, leaving aside the sale of cheaper wines and focusing primarily on higher value products. Corta Hojas…