The Liv-ex Fine Wine 100 index fell by 0.5% in March marking a fourth consecutive month of decline.

The dip for March is the largest of the past four months; the declines for January, February and December were each 0.1%.

The Liv-ex Fine Wine 100 index is a fine wine market index which tracks the prices of the world’s leading 100 wines. It is available on Bloomberg Terminals and is claimed to be the industry benchmark.

Armand Rousseau Chambertin’s 2012 and 2013 vintages performed best in March. The price of the 2012 rose by 22% from £12,045 to £14,763 and the 2013 by 11% from £9,406 to £10,441. The 2012 vintage was joint top mover in February, experiencing a price increase of 6.1%.

Haut Brion 2000, Margaux 200 and Vieux Chateua Certan 2009 also experienced price rises in March of 2.8%, 2.6% and 2.5% respectively.

The price of Beaucastel Chauteaneuf Du Pape 2012 fell the most by 8.3% from £520 to £477. It was the joint best performer in February with Armand Rousseau Chambertin 2012 with a price increase of 6.1%.

Krug Vintage Brut 2002 experienced the second largest price decline of 6.7% from £3,000 to £2,800.

Comte Vogue Musigny VV 2014, Taittinger Comtes Champagne 2006 and Angelus 2010 also experienced price decreases in March. The declines were 5.2%, 5.4% and 5.8% respectively.

Liv-ex has another fine wine index, the Liv-ex Fine Wine 1000 index, which is similar to the 100 index but, as its name suggests, measures the prices of the world’s 1000 best Fine wines rather than top 100.

This Liv-ex Fine Wine 1000 index has experienced some growth in January and February. There was 0.2% growth in January and 1.1% in February. March figures have not yet been released.