Onions put Philippines in a stew over food price inflation - BusinessWorld Online

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Onions put Philippines in a stew over food price inflation - BusinessWorld Online
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Putting quality over profit during inflationary times, Manila restaurant manager Ely Cundangan has refused to mess with her signature beef marrow stew – the same amount of onions must go in the pot no matter what. READ:

Red onions are for sale in Manila, Jan. 17. — PHILIPPINE STAR/WALTER BOLLOZOS

Elected last June, President Ferdinand Marcos Jr has struggled to fulfil campaign promises to bring down inflation, which hit 8.7% in January, driven by an 11.2% jump in food prices, the biggest since 2009. Awkwardly for Marcos, who also holds the agriculture portfolio, the onion shortages stemmed largely from import delays. Imported onions, bought mostly from India and China, require sanitary and phytosanitary permits for quarantine and biosecurity purposes.

Consumer frustration is limited for now to social media memes, with some finding humour the best way to deal with hardship. Earlier this month, a branch of Japan Home Centre, a popular chain of retail stores in Manila, accepted onions as payment for a day, promising to donate the onions to food banks for families unable to afford the staple.

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