Venice

Prosecco to be stocked to avoid flooding market

Wine industry's darling leads Italian exports

Prosecco to be stocked to avoid flooding market

(ANSA) - Venice, August 29 - Regional authorities in Veneto have agreed with their Friuli Venezia-Giulia counterparts to stock 10% of the Prosecco DOC produced from the 2012 harvest to avoid driving down market prices. Prosecco's sales were up by nearly 50% in 2011 and the sparkling white wine leads the country's exports to the US by more than 17%, Italian statistics agency ISTAT reports.

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