food prices

By the Numbers: Food prices and the pandemic

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By the Numbers: Food prices and the pandemic
Agricultural economists from the University of the Philippines Los Baños talk about why the government's price cap on pork and chicken is a terrible idea

Bookmark this page and watch the discussion on Friday afternoon, February 26.

By the Numbers: Food prices and the pandemic

Other than the COVID-19 crisis, Filipinos are now struggling to bring food to the table, as inflation surges.

Pork prices have reached over P400 per kilo, as producers struggled to deal with African swine fever.

With pork prices skyrocketing, Filipinos shifted to other protein sources like chicken, which in turn, pushed prices of goods as well.

The government’s solution? An outright price cap.

In this episode of By the Numbers, business reporter Ralf Rivas talks to Geny Lapiña and Julietta delos Reyes, agricultural economists from the University of the Philippines Los Baños on their solutions for dealing with the food crisis.

Spoiler: Price ceilings aren’t part of their recommendations. – Rappler.com

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