{"id":283651,"date":"2026-02-14T10:03:11","date_gmt":"2026-02-14T10:03:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/283651\/"},"modified":"2026-02-14T10:03:11","modified_gmt":"2026-02-14T10:03:11","slug":"olive-oil-prices-fall-in-portugal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/283651\/","title":{"rendered":"Olive oil prices fall in Portugal"},"content":{"rendered":"<p>According to the same media outlet, in 2025, consumer spending in the European Union will decrease by 23%, marking the first drop after four years of consecutive increases.<\/p>\n<p>In Portugal, the drop was more significant, ranking as the third-largest price reduction in Europe, with a 24% decline, behind Greece and Spain.<\/p>\n<p>Harvest recovery<\/p>\n<p>The provisional data cited in the Executive Digest indicate that production should increase by approximately 2.11 million tons in the 2024\/25 season, bringing it closer to normal levels.<\/p>\n<p>Rafael Pico Acevedo, director of the Spanish Association of Olive Oil Exporters (<a href=\"https:\/\/www.asoliva.com\/en\/\" target=\"_blank\" rel=\"nofollow noopener\">ASOLIVA<\/a>), quoted by Executive Digest, explained that &#8220;the combination of consecutive bad harvests, supply shortages and energy costs has raised consumer prices to historically high levels,&#8221; but stressed that &#8220;the significant improvement in production in the 2024\/25 crop year helped to normalise supply and alleviate these pressures, resulting in sharp price drops.&#8221;<\/p>\n<p>Who leads the declines?<\/p>\n<p>Of the 35 countries analysed, Spain recorded the largest drop in olive oil prices, down 38.9%. Next comes Greece, with a 29.2% price reduction, followed by Portugal (-24%).<\/p>\n<p>Spain, Greece and Portugal were the only countries that exceeded the European Union average in the drop in olive oil prices.<\/p>\n","protected":false},"excerpt":{"rendered":"According to the same media outlet, in 2025, consumer spending in the European Union will decrease by 23%,&hellip;\n","protected":false},"author":2,"featured_media":283652,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":{"0":"post-283651","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-new-zealand","11":"tag-newzealand","12":"tag-nz"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/283651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=283651"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/283651\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/283652"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=283651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=283651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=283651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}