We have been in this state of “food insecurity” since the pandemic, but it had been aggravated recently due to acceleration of inflation to 6.9 percent in September 2022, from 6.3 percent in August 2022.
Food prices have increased by 9.4 percent last October, rising from a 7.4 percent gain a month earlier, and pointing to the highest inflation since October 2018. High costs of fertilizers, fuel and other production and distribution costs explain the sudden rise in food prices.
The food crisis is likewise attributed to the successive typhoons, a series of pandemic lockdowns, and the war in Ukraine which had affected the flow of food imports from Ukraine and Russia. Covid-19 pandemic restrictions had increased food insecurity as they resulted in loss of income and rising food prices.
And the country has had to face an enormous food trade deficit which is about negat