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Philippine retail dressed chicken prices rose in February 2021 in nine of 17 regions as consumers switched from expensive pork. NCR averaged P178.89 per kilo, above the government's P160 price limit.
Officials said chicken supply was not the problem.
Demand switching from pork to chicken lifts chicken prices, with limited supply response, which may add to local inflation and keep feed demand steady.
philstar.comIan Nicolas CigaralMar 16, 2021Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
