When Metro Manila’s pork shortage was driving up prices, the government’s immediate fix was to ask provinces to send some of their pigs to the capital. Now, these areas are seeing their own inflation spike.
On average, meat prices outside the National Capital Region rose by 21% year-on-year in February, up from 16% a month ago, data from the Philippine Statistics Authority showed.
Worse, meat costs are now rising faster in the provinces.
While a direct correlation between pork deliveries to NCR and tightening supply outside the capital may not be directly established, they are contributory factors to quickening inflation on the biggest hog contributors to Metro Manila’s supply.
For instance, the neighboring area of Calabarzon accounted for 48% of the over 753,000 kilograms of live pigs sent to Metro Manila for sale and consumption of residents there. In February, Calabarzon’s inflation hit 5.8% from January’s 5.6%.