Olive oil is 67% more expensive than a year ago and 10.1% more expensive than in August

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The four foods whose prices have increased the most over the past year are olive oil (67%), sugar (40.5%), potatoes (20.5%) and rice (18.5%).

OA | EITB media

The price of food continues to rise well above the CPI in both the Basque Autonomous Community and Navarre. In September, the interannual CPI was 3.6% in the BAC and 3.4% in Navarre, while food prices rose 9.6% and 9.8% respectively.

In interannual interest the foods that have increased in price the most in September they are olive oil (67%)He sugar (40.5%); the potato (20.5%) and the rice (18.5%).

Faced with these foods, which led year-over-year price increases, the foods that have increased in price the least In the seventh month of the year compared to September 2022, these were other edible oils (-32.7%), flour and other grains (0.1%), pasta and couscous (+0.4%), nuts and nuts (+1.6%), frozen seafood (+2.1%) and poultry (+2.5%).

The olive oil It has become 10.1% more expensive in September this year compared to the month of August and the price has multiplied by more than two since March 2021of an increase of 136.6%. Dubbed “liquid gold,” its current upward path began in April 2021, when it recorded a 2% year-on-year increase, which extended to 5% in May. From then on, it has become more expensive with double-digit rates for 28 consecutive months.

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What healthy product can we use instead of olive oil?

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Source: EITB

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