Shoppers who pick up their groceries in some of the UK's biggest supermarkets have been sent a warning that they could see olive oil prices soar in the next few months.
The cost of food has been steadily rising recently, with shoppers being floored by the rising costs on Lurpak butter and fish fingers when they are out for the shop. And now they have been warned that olive oil costs could soar by around 25% due to a fierce heatwave in Spain that is halting production of the cupboard staple, reports BBC News.
The country, which currently produces nearly half of the world's olive oil, has been experiencing extremely high temperatures, dry conditions and a lack of rainfall. It is these conditions that have been impacting crops as olive tree's have been unable to grow new branches.
