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Home » Italians cut back on olive oil as prices surge, survey says. Producers are pushing back on that

Italians cut back on olive oil as prices surge, survey says. Producers are pushing back on that

    One-third of Italians have reduced their consumption of extra virgin olive oil, a mainstay of the Mediterranean diet, due to skyrocketing prices, according to a survey released Friday. Consumers reported cutting back consumption of extra virgin olive oil by at least 30% to as much as half as average supermarket prices have risen from 4 euros to 9 euros a bottle, according to a survey by the Piepoli independent research institute. Nearly half of those questioned said they were substituting olive oil with cheaper seed oil.

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