Italians forced to cut back on Mediterranean cooking staple as prices skyrocket (www.independent.co.uk)
from MicroWave@lemmy.world to world@lemmy.world on 11 Mar 2024 12:00
https://lemmy.world/post/12989446

Greece and Spain have both seen olive oil sales plummet

Italians are being forced to cut back on a Mediterranean cooking staple as costs reach a record-high’

A third of Italians have reduced their consumption of extra virgin olive oil due to skyrocketing prices, according to a survey.

But Italian producers are pushing back against the claim, saying the snapshot of consumer sentiment does not give a full picture - and that sales of higher-quality, Italian, extra virgin olive oil are actually up.

Consumers reported cutting back consumption of extra virgin olive oil by at least 30% to as much as half as average supermarket prices have risen from 4.0 euros (£3.41) to 9.0 euros (£7.66) a bottle, according to a survey by the Piepoli independent research institute.

#world

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Mr_Blott@lemmy.world on 11 Mar 2024 18:58 next collapse

saying the snapshot of consumer sentiment does not give a full picture - and that sales of higher-quality, Italian, extra virgin olive oil are actually up.

“We bumped up the prices of the good stuff too, and the rich people didn’t notice”

Fuck off, Giuseppe 😂

harderian729@lemmy.world on 11 Mar 2024 19:18 next collapse

“Italians forced to cut back on olive oil as prices skyrocket”

fixed, downvoted for clickbait headline.

Tangent5280@lemmy.world on 12 Mar 2024 07:26 collapse

Exactly, this is the entire point of a headline - so that we don’t have to read the article.

anguo@lemmy.ca on 15 Mar 2024 01:30 collapse

The cost of Greek olive oil in Canada had literally tripled in the past 2 years.