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No, that's Beaujolais Nouveau which is sort of a gimmick released in November only a few weeks after the harvest. They're supposed to be fun wines but they're almost always shit.

Steer clear away from anything that says "Nouveau" on it. Go to a good wine shop and they will be able to find you something good for a reasonable price. Gamay (the red grape in Beaujolais) has huge yields so even the top producers really aren't that expensive (but you probably don't want to buy some super structured and dense Cru Beaujolais if you want a fresh and accessible).

Also, not looking good.