Macroeconomics Food Prices Up Year-On-Year by 1.6 Percent in January The cost of food rose at a faster rate in January than in December when it ticked up by 1.2 percent. This is the largest increase since last October and marks three consecutive months of higher prices relative to a year ago. Driving up the overall cost of food were eggs, fresh fruit, fresh vegetables, cooking oil, and dairy products, which saw increases of 1.2 percent, 1.3 percent, 10.9 percent, 6 percent, and 1.7, respectively. Pork prices cooled for the second consecutive month and fell by 3.9 percent from a year ago. Aside from the cost of food, core consumer prices in China actually contracted in January, declining by .3 percent. Meanwhile, producer pric...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.