Chocolate and olive oil make Spaniards' shopping baskets more expensive by 5% in March

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Chocolate and olive oil make Spaniards' shopping baskets more expensive by 5% in March

Chocolate and olive oil have experienced significant price increases in recent months, causing the Spanish grocery basket price to rise by 5% in March. Food and product demand in supermarkets increased by 2.1% that month, but prices rose by 2.8%, according to NIQ data. By 2023, Spanish spending on consumer goods increased by 9.2%, so the rise in food prices has been a longstanding issue in Spain.