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Spanish Supermarkets Lock Up Olive Oil As Shoplifting Surges

In Spain, the world's biggest olive oil producer, supermarkets are locking up bottles of the staple cooking oil as prices surge and theft increases.

UK Inflation, Highest In Western Europe, Falls Only A Little In March

Britain was the only country in western Europe with double-digit inflation in March after it fell less than expected.

Musgrave Announces Acquisition Of Italicatessen

Musgrave has announced the acquisition of Italicatessen for an undisclosed sum.

Weekly Round-Up ... 8 August 2022

Farmers in southern Spain fear extreme drought and consecutive heatwaves this year could cut olive oil output.

Drought Takes Toll On Tuscany's Famed Olive Oil And Wine Production

Farmers in Tuscany, the heart of Italy's prized wine and olive oil industry, are battling to salvage as much as they can of this year's crop from the ravag...

Global Olive Oil Consumption Down 6%

Global olive oil consumption is estimated to drop by 6% in the 2016/17 crop year, compared to the year before, according to a recent expert forecast. Ac...

European Olive Oil Prices Rose 20 Per Cent Last Year Due To Poor Harvests

Bad weather and disease plighted the European olive oil industry last year, causing the retail price of the oil to increase 19.8 per cent, The Financial Ti...