Why is olive oil so expensive? - Business Daily

What this episode covers

Most of us have noticed the prices of our weekly food shopping going up over the last few years, but some items have risen by astronomical amounts.Extra virgin olive oil - a premium, unprocessed oil from the olive, has seen many customers' prices rise by 50% in the past year alone. We explain why, as we hear from oil sommeliers and the people who buy and sell the product.(Image: Olive oil being poured into a bowl. Credit: Getty Images)Presented and produced by Rick Kelsey

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How long is this episode of Business Daily?

This episode is 17 minutes long.

When was this Business Daily episode published?

This episode was published on May 29, 2024.

What is this episode about?

Most of us have noticed the prices of our weekly food shopping going up over the last few years, but some items have risen by astronomical amounts.Extra virgin olive oil - a premium, unprocessed oil from the olive, has seen many customers' prices...

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