Due to the drought in southern Europe, especially in Spain, the largest olive oil producer, prices have surged by 27% leading to a 20% increase in the cost of homemade pizzas in Italy. Inflation is decreasing in Italy, but the cost of groceries, including mozzarella and tomatoes, essential pizza ingredients, is still rising, making it more expensive for Italians to prepare meals. Ready-made pizzas, however, have seen a lower annual increase of 8.5%.