oliveoil
The cost of olive oil rose by 113.8% between March 2019 to March 2024, with rises for baked beans and sugar climbing too, according to a study BravoVoucher.co.uk, using data from the Office for National Statistics. The UK and other parts of Europe have been hit hard by the rise in the cost of living but countries such as Zimbabwe, Argentina, Venezuela, Haiti and Lebanon have also seen their costs rising sharply. Which food items have gone up the most in the past five years?According to the study, a 500ml to 1 litre bottles has gone up from around £3.76 (€4.41) on average in March 2019 to appro...
Euronews (English)
Greek consumers are currently paying more than ever before for a litre of standard olive oil, with prices ranging between €12 and €15 ($12.88-$16.11). In March, prices had risen by 67.2% compared with the same month last year, according to the statistics authority Elstat on Wednesday. Greeks consume around 12 litres per capita per year, the largest average amount in the EU. A dramatically poor harvest in the 2022-23 season is to blame for the price explosion. Spain, the world's largest producer, saw its yield plummet by more than half, while things were not much better in Italy and Greece. Oli...
DPA Breaking News
Olive oil is slipping through Spanish retailers’ hands. The kitchen staple has been nicknamed “liquid gold” as it has become the most stolen product from Spanish supermarkets. Droughts and heatwaves have pushed the price of olive oil up in Spain, leading to its high commodity status in the country. In 70% of the country’s regions, it is the most shoplifted product from supermarkets, overtaking other popular delicacies like ibérico ham. Olive oil fraudsters have sown the wind, and are reaping the whirlwindPrice of olive oil climbs more than 50% in a year in the EUSpain is the biggest producer o...
Euronews (English)
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