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India Business News: In an attempt to curb the substantial increase in retail onion prices, the central government recently enforced a 40% export duty on onions.
Despite rising prices, lower production and the impacts of inflation, olive oil consumption in Italy and Greece is expected to rise, bucking the global trend.
Greek olive producers seek the establishment of a permanent commission to promote olive exports.
The energy crisis will dramatically raise the cost of doing business for millers. However, they will not be able to pass those increases along to consumers.