Do you know: Onions are costlier than meat in Philippines
By Lokmat English Desk | Published: February 26, 2023 05:49 PM2023-02-26T17:49:42+5:302023-02-26T17:49:42+5:30
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Inflation is skyrocketing in many countries of the world and people here are desperate for food and drink. Inflation is so high in the Philippines that the price of onion here has increased many times that of chicken.
There are many reasons behind the increase in food prices in the Philippines such as global inflation, climate change. Onion prices in the Philippines have taken the world by surprise.
Onion prices in Manila supermarkets have reached 800 pesos (Philippine currency) or Rs 1,200 per kg in recent months. So onion has become more expensive than chicken and mutton.
On the other hand, after the price of onion reached Rs 1200 per kg, it has disappeared from households and hotels. Many dishes that use onion are not available in restaurants.
On one hand, the citizens are very upset due to the increase in onion prices, but the farmers are happy. After the onion crop is ready in the field, they harvest it immediately, so that they can sell it at a high price in the market and earn a lot of money.
Inflation in the Philippines is said to be the highest in 14 years. There is a situation where people have to wander here for the essentials of food and drink.
Global inflation, climate change are the reasons behind the increase in food prices in the Philippines. Onions have become more expensive in the Philippines by 0.3 percent.
