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Eurostat: The price of olive oil in the EU has increased by 50% over the year – Rossiyskaya Gazeta

Date: April 21, 2024 Time: 21:31:36

In addition, the cost of olive oil skyrocketed in the second half of last year: in August it increased by 37% compared to the same period in 2022, Interfax reports.

Last September this trend accelerated to 44%, in October to 50% and in November to 51%. Some slowdown occurred in December, when prices were 47% higher than in December 2022.

In January this year, all EU countries announced an increase in olive oil prices.

The largest annual price increase was recorded in Portugal (69%), Greece (67%), Spain (63%) and Estonia (52%).

Olive oil prices rose the least in Romania (13%), Ireland (16%) and the Netherlands (18%).

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Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.

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