Conditions for Automatic Licensing of Sunflower Exports Set

Prices for Sunflower and Olive Oil Have Risen Sharply in Spain

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The cost of a food basket in Spanish supermarkets on average rose by 15.2% year on year. Such data was provided on Tuesday by the Organization of Consumers and Users (OCU) of the kingdom, TASS reports.

โ€œThe prices of products that make up the OCU basket have risen by an average of 15.2% since the last study, โ€ the publication says. โ€œThis is the biggest price increase recorded by OCU research since its launch 34 years ago.โ€ โ€œThis is a general price increase that affects 95% of the 239 items that make up the consumer basket.โ€

The organization singled out an increase in prices for sunflower oil (by 118%), as well as for bananas, pasta, olive oil and flour (by 50% or more). The cost of only a small group of goods decreased slightly, the OCU added.

As specified earlier in the National Institute of Statistics, in August inflation in Spain reached 10.5%. At the same time, the increase in prices (by 13.8%) for food and non-alcoholic beverages reached the highest level since 1994.