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Business, consumer groups urge gov’t to act on ‘egg-flation’

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The Philippine Chamber of Commerce and Industry, as well as two consumer groups are calling on the government to immediately act on the reported rising price and low supply of eggs in the local market. | AldenMonzonINQ /PDI

The DA recently set a price watch on eggs by reconvening the Price and Volume Watch Committee and Advisory Groups for Livestock and Poultry amid the noticeable increase in prices.

Rights Action Philippines media relations officer Ferdie Ferido calls the phenomenon “egg-flation,” adding that the issue will have a domino effect if the problem is not solved soon.

 

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