This is the best summary I could come up with:

BRUSSELS (AP) — These days, think twice before you lavishly ladle olive oil onto your pasta, salad or crusty bread.

Olive oil, a daily staple of Mediterranean cuisine and the life of many a salad throughout Europe, is experiencing a staggering rise in price.

Apart from olive oil, “potato prices were also on a staggering rise,” according to EU statistical agency Eurostat.

“Wages are still failing to keep up with the cost of the most basic food stuffs, including for workers in the agriculture sector itself, forcing more and more working people to rely on foodbanks,” said Esther Lynch, the union’s general-secretary.

Grocery prices have risen more sharply in Europe than in other advanced economies — from the U.S. to Japan — driven by higher energy and labor costs and the impact of Russia’s war in Ukraine.

Even if ETUC blames profiteering of big agroindustry in times of crisis, the olive oil sector has faced its own challenges.

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