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Olive oil prices differ by up to two-thirds depending upon where you buy them, says FACUA
By thinkSPAIN Team Tue, Sep 10, 2013
PRICES of olive oil can vary by up to 64.2 per cent, according to leading consumer's union FACUA.
They analysed and compared price tags of 54 brands in six supermarket and hypermarket chains, encompassing 165 products in plastic bottles or tins of a litre or five litres, and the varieties of extra-virgin, virgin, intense, and light olive oil.
The average price as at August 29 this year for a bottle of extra-virgin was 3.75 euros for a plastic litre bottle, or 3.33 euros per litre in a five-litre bottle, rising to 4.50 in tin containers of five litres.
Virgin olive oil figures for the same types of container cost 3.70 and 3.10 euros respectively.
'Light' olive oil – so-described because of its taste, not its calorie content – is 3.22 euros a litre in plastic litre bottles or 2.91 euros per litre in five-litre bottles, whilst 'intense' olive oil is 3.15 and 3.03 euros respectively.
For extra-virgin oil, prices per litre vary from 2.99 to 4.58 euros depending upon the brand, or in tin containers, from 2.65 to 4.35 euros.
'Light' oils vary by up to 1.12 euros per litre in small containers or 1.35 euros in large ones, and 'intense' oils from 1.23 euros to 1.18 euros respectively.
Differences in price of the same brands of extra-virgin, virgin, light or intense olive oil vary by as much as 64 cents, 88 cents, 18 cents and 88 cents, in that order.
The overall average price of olive oil per litre bottle has gone up by 56 cents, and in five-litre bottles by 59 cents a litre, since last year, says FACUA.
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