World Perspectives

Food Inflation Importance; U.S. Funding Deadline; New Approach to PRC

Food Inflation Importance Researchers from Boston College, UC-Berkley and the University of Chicago found (see NBER Working Paper No. 26237) that consumers rely upon the frequency and size of price changes during their grocery shopping to assess U.S. inflationary conditions. The metric is understandable from the standpoint that grocery shopping is the most direct and regular exposure that consumers have to product prices. However, the Federal Reserve looks at core inflation, which excludes food and energy prices since they tend to be more volatile. The researchers contend that citizens and policymakers reading inflationary signals from two very different sources risks the occurrence of large and dangerous mistakes.  U.S. Funding Dead...

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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.

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