BRUSSELS (AP) — These days, think twice before you lavishly ladle olive oil onto your pasta, salad or crusty bread.
Olive oil, a daily staple of Mediterranean cuisine and the life of many a salad throughout Europe, is experiencing a staggering rise in price.
In Spain, the world's biggest olive oil producer, prices jumped 53% in August compared to the previous year and a massive 115% since August 2021.
Apart from olive oil, “potato prices were also on a staggering rise,” according to EU statistical agency Eurostat.
Even if ETUC blames profiteering of big agroindustry in times of crisis, the olive oil sector has faced its own challenges.
Persons:
”, Esther Lynch, ETUC, ___ Ciarán Giles
Organizations:
European Union ., Eurostat, European Trade Union Confederation, Agriculture Ministry
Locations:
BRUSSELS, Olive, Europe, European Union . Olive, Spain, U.S, Japan, Ukraine, Madrid