Why is olive oil so expensive?
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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
Why is olive oil so expensive?