World Perspectives

Inflation and the Value of the U.S. Dollar

The Bureau of Labor Statistics will release the Consumer Price Index (CPI) data tomorrow. The pre-report expectation is for an annual rate of 7.3 percent (compared to 7.8 percent in October) and a November monthly rate of 0.2 percent (compared to a monthly rate of 0.4 percent in October). Last week the Producer Price Index (PPI) came in at 0.3 percent, which was above the 0.2 percent consensus expectation and 7.4 percent for the year. The “core” PPI – excluding ag and energy – rose 0.4 percent in November. The PPI actually declined in July and showed no change in August, which is when energy prices declined before spiking again in September by 0.4 percent.  Which brings up the value of the U.S. dollar. From th...

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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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