Lawmakers question ‘conflicting’ PSA and BPI data on onion supply | Jovee Marie de la Cruz

Indonesia Berita Berita

Lawmakers question ‘conflicting’ PSA and BPI data on onion supply | Jovee Marie de la Cruz
Indonesia Berita Terbaru,Indonesia Berita utama
  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 59%

Lawmakers on Wednesday questioned the data discrepancies between the BPI and the PSA, which they say might have resulted in possible hoarding and price manipulation on agricultural commodities, particularly onions and garlic.

Lawmakers on Wednesday questioned the data discrepancies between the Bureau of Plant and Industry and the Philippine Statistic Authority , which they say might have resulted in possible hoarding and price manipulation on agricultural commodities, particularly onions and garlic.

“BPI should know this because you are our guide to make the right decision and data from the BPI should be accurate to stabilize the supply,” he added. “In 2020 our sufficiency level was at 113 percent, in 2021 at 120 percent and in 2022 at 120 percent. But our question is why we don’t have a supply of onions, we can clearly see that there is hoarding here,” he alleged.For his part, Arnold Timoteo of the BPI said the PSA is using a different methodology in computing its data.

Meanwhile, Reynaldo Vallesteros Jr. of the PSA said they based their data on the information they gathered from the production areas they visited. “From 2011 to 2021, the increase in annual demand is modest [at 5 percent] which is believable because of the population increase,” she said. “It is sad to hear that our onion farmers are discouraging their children to take on the task of being the next generation farmers and instead they would want their children to pursue different directions as farming is not a profitable endeavor,” said Enverga.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

BusinessMirror /  🏆 19. in PH

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

BPI hits record net income of P39.6B in 2022, beating pre-pandemic levelsBPI hits record net income of P39.6B in 2022, beating pre-pandemic levelsBPI's net income this year is 66% higher than in 2021 and 37.5% higher than in pre-pandemic 2019. The bank also sees future growth from its approaching merger with Robinsons Bank.
Baca lebih lajut »

Inflation climbs to 8.7% in Jan. 2023, highest since Nov. 2008 —PSAInflation climbs to 8.7% in Jan. 2023, highest since Nov. 2008 —PSAPrices of consumer goods and services continued its accelerated trajectory in the first month of 2023, hitting a fresh record as food prices remain elevated during the period, data released by the Philippine Statistics Authority (PSA) on Tuesday showed.
Baca lebih lajut »

More teen births involve older fathers – PSAMore teen births involve older fathers – PSASix to seven percent of babies born to adolescent girls from 2016 to 2020 were fathered by men 10 years older than the mothers, while a majority of teen moms’ male sexual partners were three to five years older than them, according to government data. /PDI
Baca lebih lajut »

Inflation surges to 8.7% in Jan, highest since Nov 2008 - PSA | Cai U. OrdinarioInflation surges to 8.7% in Jan, highest since Nov 2008 - PSA | Cai U. OrdinarioThe increase in rent and food items such as onions cause inflation to surge to 8.7 percent in January, according to the Philippine Statistics Authority (PSA). On Tuesday, National Statistician Claire Dennis S. Mapa said inflation in January was the highest since November 2008 when inflation clocked in at 9.1…
Baca lebih lajut »

More jobless Filipinos recorded in December — PSA dataMore jobless Filipinos recorded in December — PSA dataThere were more jobless Filipinos in December even as the country’s active workforce declined during the month, data released by the Philippine Statistics Authority (PSA) on Wednesday showed.
Baca lebih lajut »

Yulo, Obiena, Filipinas lead PSA’s 2022 major awardeesYulo, Obiena, Filipinas lead PSA’s 2022 major awardeesWorld Championship medalists Carlos Yulo and EJ Obiena, along with history maker Philippine women’s football team will be the recipient
Baca lebih lajut »



Render Time: 2025-03-13 03:12:05