EconomyForex

Eye-watering onion prices ‘call to action’ for agri sector

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Eye-watering onion prices have reached as high as P600 a kilo, making them a luxury rather than a staple in Filipino cuisine. John Paolo R. Rivera, an economist at the Asian Institute of Management, explains the price spike. “Our economy needs to be more definite with its supply and demand plans,” he said. “This is a call to action for our country to be more conscious about our agricultural sector.”

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