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A person standing in front of a grocery store shelf, holding a bottle of olive oil.

Price of olive oil up 50% in one year

Price of olive oil up 50% in one year
In January 2024, the price of olive oil in the EU was 50% higher than in January 2023. 
The price of olive oil skyrocketed in the second half of 2023 with a 37% increase in August (compared with August 2022). This trend accelerated in September (+44%) and October (+50%). The peak in the annual rate…

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