Spanish supermarkets lock up olive oil as shoplifting surges
Olive oil prices, now officially at 8 euros a litre, have surged by 150% over the past two years in Spain.
Vehicles loaded with olives backed up on the road to la Tafona olive press in Caimari.
Vehicles loaded with olives backed up on the road to la Tafona olive press in Caimari.
Olive and sunflower oil bottles are displayed for sale, protected by a padlock and a chain to prevent theft in a Tu Super Suma s
Olive and sunflower oil bottles are displayed for sale, protected by a padlock and a chain to prevent theft in a Tu Super Suma supermarket in Malaga, Spain, October 23, 2023. REUTERS/Jon Nazca
'Liquid gold' in Mallorca continuing to shoot up in price
In general terms, the price of food and drink has risen more than 10% in a year.
Restaurants away from Mallorca's resorts are having a hard time
Spending has fallen by around 20%.
Inflation eases in May to 3.2% due to lower fuel prices
It is also due to moderation in the price of food and non-alcoholic beverages.
Fresh food prices have shot up in the Balearics.
Fresh food prices have shot up in the Balearics.
Balearic cost of living spikes, fresh food up by 16%
Booze and fas have risen by over 10%.
Inflation rises to 5.8% in January after end of fuel subsidies
The spike in the annual inflation rate in January breaks five months of moderation in the evolution of price increases after the peak of 10.8% reached in July.
Some good news for consumers.
Some good news for consumers.
Spain's inflation slows, ends 2022 at 5.7%
Spanish inflation has fallen 5 percentage points in five months.
Price increases in the Balearics were more than double 2022 pay rises
Unions are holding out for ten per cent pay increases in 2023.
Spain sets example
Sánchez said the government would also cut VAT on cooking oil and pasta from 10% to 5%.
Heat, housing and a man called Taras: Mallorca in 2022
And tourist overcrowding, inflation, shortages and Rafa Nadal.
Balearics facing the most expensive Christmas on record
January 2023 will be even more expensive.
Supermarket shop in Mallorca 70% more expensive than a year ago
The consumers association questions why prices are continuing to rise.
Restaurants tell the Balearic government it wasn't a profitable season
Concern for 2023 because of uncertainties.
Milk in a Mallorca supermarket
Milk is just one product that has become more expensive.
Austerity purchasing by shoppers in Mallorca
"People in the Balearics are no longer eating what they want but what they can."
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Comment
How far can Mallorca's hotels keep pushing price increases?
Inflationary pressures have eased, but negotiations with tour operators seem not to take this into account.
Andrew Ede30/08/2023 17:07