Philippines to import more agricultural goods in 2023 to quell rising prices

Surging prices in food staples like sugar, salt and now onions and eggs have driven inflation to a 14-year high. - PDI

MANILA (The Straits Times/Asia News Network): Philippine President Ferdinand Marcos Jr plans to address a continuing surge in prices of basic commodities in the country by importing more agricultural produce in 2023.

On Monday (Jan 23), he told television reporters that food inflation these past months has been “alarming”.