A bacterial infection and gangsters: The story of olive oil's 110% price rise - and what to look for in the supermarket

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The average price of a 500ml bottle of olive oil has risen from £3.54 in January 2021 to £7.45 right now.

This is a story about Spanish thieves, Italian farmers and British voters, and if that sounds like a set-up to a bad joke, that's because in many ways it is. Sky News analysis of official data shows that of all the items we put in our shopping baskets, none has gone up in price anywhere near as much as olive oil in the past three years. Not sugar, which is 70% more expensive now than in January 2021. Not baked beans, 60.6%, and hard cheese if you were thinking about hard cheese .

' Pallets coming into the UK from the continent are now subject to more stringent fire resistance rules - meaning the cost of pallets has 'tripled, even in some cases quadrupled'. 'Never had a shortage like it' Another issue, as has been widely reported, are the wildfires and droughts in southern Europe last year. These weather events have lead people to extreme measures, according to Sarah Vachon, olive oil sommelier and founder of citizensofsoil.com.

 

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