44,000 tons of olive oil going into storage

Technicians from the Junta de Andalucia have begun to seal deposits of virgin olive oil held by mills who have asked for financial aid from public funds for the private storage of oil in an effort to force the market price to rise.

Amazonas returns to original prices

The Brazilian restaurant Amazonas in avenida Castilla Perez has returned to a barbecue menu price of €11.90 after a three week period when the price was reduced to €10.90.

Axaragua to raise prices

As from January 2011, residents in Vélez-Málaga, Rincón de la Victoria, Algarrobo and Torrox will see a 36% increase in the water treatment rate charged by the water company Axaragua.

Disagreement over the price of olives

ASAJA, the Málaga Association of Young Farmers, has denied reports by the Federación Agroalimentaria of the UGT union that they are selling table olives at a price of €0.80, saying that the price of Hojiblanca olives has fallen to €0.33 in October.

Price of natural gas to go down

The cost of natural gas is to go down by an average of 1.2% as from October 1st 2010 according to an announcement today by the Minister of Industry, Miguel Sebastián. At the moment, the price of electricity is expected to rise by around 4.8%.

Prices set to rise…

Not long now until the rate of IVA (VAT) goes up by two points and we see the inevitable price rises. There will no doubt be those who merely adjust their prices to maintain their existing profit margin, some who add a bit more for luck and those who just see an opportunity to make more profit. Human nature.

Quite a hike…

Talk about a price hike! I was rather shocked to see that the Mercadona had put up the price of their own brand Cola Light from €0.35 to…..€0.51. OK, it’s still excellent value, the bottle is two litres, but that’s some increase in one go! Must check if a similar thing is happening with other ‘own brand’ products.

Dick Turpin was here…

Although the Balcón de Europa was fairly crowded last night for the celebrations, there were undoubtedly less people than in previous years. Part of this is, of course, going to be down to the decline in UK tourist numbers due to the recession. However, the only gripe seemed to concern prices in several establishments, bumped up because it was a …