Wine and TVs will be cheaper in 2012

In 2012, electronics and wine will be among the products that are expected to lower their prices. Of them, TVs will be a lot cheaper, experts say.

Lindsay Sakraida, features director of deal-tracking site DealNews.com predicts lower prices for electronics and wine.

January and February are usually months characterized by price cuts. This time a year, electronics are hugely discounted, as manufacturers and distributors introduce the new models on the market. However, this year, it is expected that electronics will have even greater discounts than last year and the year before. For example, in 2010, a 42-inch LCD screen was priced at 600 dollars, while last year it had a price tag of 500 dollars.

On the other hand, wine consumers are not expected to pay as much for their favorite beverage. Sakraida says that wineries will be more concentrated on low priced rather than the quality of the wine they will be selling. “People are now less likely to spend over $30 a bottle, so wineries are focusing on lower price points”. With discount reaching 50 percent, the wine bottles may mask so-so vintages.

Among other products expected to have price droppings are international travels, text-message plans and even interest rates.