Marco Trends China Food Inflation Hits Highest Level in 7.5 Years While Beijing has been occupied with the events in Hong Kong, food prices soared an astounding 9.1 percent last month versus July 2018. Monthly food costs have not risen at this pace since January 2012, when China’s economy grew about 9 percent per annum. In contrast, China’s gross domestic product (GDP) will likely not surpass more than 6 percent by year’s end. The leading driver has been pork prices, which have been impacted by the lingering effects of African swine fever (ASF) and were up 27 percent at the retail level versus a year ago. Likewise, fresh fruit prices were 39.1 percent higher, while prices for vegetables, eggs, and edible cooking oil jump...
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.