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Spain: From BGN 7, olive oil now is BGN 4.20

Spain
Published Mar 7, 2023

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In Spain, one of the measures to tackle inflation is the temporary removal of VAT on basic foods and large social payments. "The government tried to lower the prices of some products, but it is not as we would like. There is 0% VAT on fresh fruit, flour, milk, cheese, bread and potatoes. However, the reduction is felt quite slightly. There was a reduction in olive oil from 10 to 5%, but in one year it actually increased in price from BGN 7 to BGN 11-16 per liter. The oil returned to its price of BGN 4.20-4.70," Zlatka Zamova told "Bulgaria Morning". According to the data according to their statistics institute, there is an increase in the price of food by about 6% now, compared to January, which is generally a difficult month. She pointed out that another financial blow has fallen on the Spaniards - the decision of the central banks to increase monthly mortgages - by around 100-150 euros. "For ordinary drivers, the fuel discounts of 20 cents have been dropped, gasoline prices ...
Source: Dnes
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