World Perspectives

Highest Monthly Inflation in a Decade – That’s Good

There was a lot of interesting economic data released this week showing month over month changes that indicate the economy is picking back up – albeit raggedly. After three straight months of declines, the June consumer price index (CPI) rose 0.6 percent; that is the largest monthly increase since 2009. The increase was led by key food and fuel. Take out the impacts of food and energy, and the core inflation rate was 0.2 percent in June.   The all food index was up 0.6 percent, driven mostly by meat and proteins. Beef prices led the way, up 4.8 percent. The CPI formula for the meat, poultry, fish and eggs category accounts for 1.836 percent of the CPI. 

Much of the June retail price level was influenced by retailer...

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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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