The price for virgin olive oil used to be 3-4 €/liter in the last couple of years and now it has soared to above 10 €/L. You can find some local producers (relatives/friends) selling for around 8 €/L but most people in the big cities will never see such a low price, on the contrary it will reach them for around 15 €/L :-(
Greece, Italy, Spain and Portugal (among other Mediterranean countries) rely heavily on olive oil for food preparation and this will affect prices and inflation.
The price for virgin olive oil used to be 3-4 €/liter in the last couple of years and now it has soared to above 10 €/L. You can find some local producers (relatives/friends) selling for around 8 €/L but most people in the big cities will never see such a low price, on the contrary it will reach them for around 15 €/L :-(
Greece, Italy, Spain and Portugal (among other Mediterranean countries) rely heavily on olive oil for food preparation and this will affect prices and inflation.