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Soaring food prices hit Philippine consumers amid recession

Duterte orders price ceiling on meat and increased imports to tame inflation

President Rodrigo Duterte has slapped a 60-day price freeze on pork and chicken in a bid to rein in commodity price inflation burdening the Philippines as its economy struggles with the impact of one of the worst pandemic-induced recessions in Southeast Asia. (Source photos by AP and Getty Images)

MANILA -- When President Rodrigo Duterte's 60-day price freeze on pork and chicken took effect on Monday, over 300 meat retailers in Manila's Paco market decided not to open for business.

"The sellers couldn't find supplies that they can sell at prices set by the executive order," said Hector Salonga, vice president of the market's stall owners association. "Some will probably stop selling for the meantime or risk being penalized" if they don't follow the price caps.

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