date:Aug 27, 2014
lion in 2013.
The price of olive oil may rise by up to 0.50 a litre due to shortages according to Infavolia, Spain's olive oil federation. However there is the possibility that retailers will absorb this price rise and so consumers may not feel the full effects of the shortages.
The blight in Italy is also likely to have an effect on prices, as Italy is the second largest producer of olive oil in the world, with around 15 per cent of the oil coming from Italy.
There is no cure for the blight