Who puts their hands on the deposits and what is the “fair price” for olive oil – Economic Post – 2024-04-23 19:25:54

• Olive oil is for another season in the spotlight.

• Its skyrocketing prices have caused many consumers to lose sleep.

• And this because for many years they bought it very cheaply, as is proven today.

• The producers were permanently dissatisfied and argued that they were not going out.

• For about two years now, their pockets have been undeniably full.

• But what is a fair price? Because clearly the current situation is unsustainable.

• An experienced agent with many kilometers in the sector claims that the fair price ranges between 5 and 6 euros per kilo.

• Caution! It talks about producer price.

• Today’s levels of 9.50 euros are prohibitive. And it will inevitably lead many households to significantly reduce its consumption.

• Of course, as he says, under no circumstances should we return to prices below 3 euros.

• “The market must balance again. This situation cannot continue”, he points out in closing.

• And mind you…

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Are the Greeks putting their hands on their deposits?

• After all, do the Greeks continue to put their hands on their deposits?

• It seems that many are now using deposits to make purchases and pay their obligations.

• That’s what marketers think at least, who unfortunately for them are seeing consumers lately… becoming more frugal in their purchases.

• In March especially the demand… was sluggish.

• Of course March is traditionally the worst month for the commercial world.

• And this is because Easter follows, where there is increased traffic.

• Everyone is now waiting for the Easter season to cash in…