Cost of Living
Spain withholds 12% of olive oil production to 'stabilize market functioning'
The Spanish government has decided to withhold 12% of olive oil production, approximately 188,000 tonnes, starting in November. This measure is intended to stabilize the market, though the decision may be subject to change after 31 December 2026.
Why it matters
As Spain is a primary supplier of olive oil to the Portuguese market, a significant reduction in available supply could lead to price increases for consumers in Portugal.PúblicoRead original ↗
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