DA eyes onion imports as price tops chicken, beef | Bloomberg News

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DA eyes onion imports as price tops chicken, beef | Bloomberg News
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The Philippines’ agriculture department is planning to import 22,000 tons of onions to boost domestic supply as surging prices of the cooking ingredient, possibly the most expensive in the world, helped push inflation to a 14-year high.

The import proposal was arrived at during a meeting of the Department of Agriculture’s executive committee and will be recommended to President Ferdinand R. Marcos Jr. for approval, its assistant secretary Rex Estoperez said in a phone interview Sunday. Marcos is also the agriculture secretary.

The purchase would be a “temporary solution” and there are no further plans to import for now, he said. The Southeast Asian nation consumes around 17,000 tons of onions a month, Estoperez said. The DA expects the planned imports, once approved, would arrive no later than the first week of February, he said.

Onion is a key ingredient in Filipino cuisine which most households use along with garlic. The price spike hit consumers particularly hard during the year-end holidays with food taking center stage in many gatherings, prompting not a few to air their rants on social media.

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