Market catalyst

INE consumer price index: olive oil shelf prices

SpainMarket dataLow
Published
August CPI published 15 Sep: headline 4.3% y/y (+0.7 pt on July), processed food eased to 1.6%, with vegetable oils (olive oil included) among the items that fell. Olive oil sub-index figure not yet recorded here
Expected (as recorded)
August detail
Previous
4 quarters of falls
Why it mattered

Shelf prices that stop falling while origin firms squeeze packer margins and slow their buying.

Downward if confirmed · the desk's reading

The INE publishes a flash estimate on the last working day of the reference month and the detailed index, which breaks out olive oil as its own product class, around the middle of the following month.

It is the cleanest public read on whether the fall in origin values has reached the shelf. Retail prices that keep falling support the volume recovery the demand factor is waiting for; prices that stop falling while origin rises squeeze packer margins and slow their buying.

Date
2026-09-15 · Date announced by the publisher
Category
Market data
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