Philippines: Onion prices are falling due to new harvest and lower fertilizer costs

The Philippines may see a decrease in onion prices in the coming weeks due to the January harvest and an anticipated drop in fertilizer prices. This comes after December's inflation, which hit 8.1 percent, largely due to a 32.4 percent increase in vegetable prices, the highest since February 1999. Red and white onions reached high price points last month, with red onions at P700 (€ 12) per kilo and white onions at P800 (€ 13.70) per kilo.