The prices of processed meat products, like luncheon meat, meat loaf and hotdog, will likely increase by 12 to 17 percent, if the government will increase its tariff on imported processed meat. The Philippine Association of Meat Processors Inc. (Pampi) urged the Tariff Commission last month to keep the current tariff rates for mechanically deboned meat, chicken and turkey meat and offal, which are used to make luncheon meat, meat loaf and hotdogs. ADVERTISEMENTProcessed meat importers currently enjoy a 5 percent tariff on processed meat and 20 percent on offal. Already expensiveCurrently, prices of hotdogs and luncheon meat in the supermarket stand at an average of P181 and P200 a kilogram. Agriculture Secretary Emmanuel Piñol, for his part, said he doubted that the appeal of the meat importers would be approved.

Source: Philippine Daily Inquirer September 15, 2018 23:15 UTC