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
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.