There is hope that India's new government will bolster the economy's upward turn with revisions in policy. Industrial production rose in April 2014 as inflation decreased, but the delayed monsoon season brings concern about its impact on crops and agricultural output. New Hope for the Indian Economy It seems that the appeal of the new government is bringing cheer to the Indian economy. Industrial production in April 2014 rose 3.4 percent, which is the highest since March 2013. Inflation, calculated as the Consumer Price Index (CPI), decreased to 8.28 percent in May 2014 from 8.59 percent in April 2014. Core inflation fell to 7.72 percent from 7.8 percent during the same period, while food inflation dropped to 9.56 percent from 9.83 percen...
Communicating importance of value-added products
Facing increasing pressure to quantify the value of export promotion efforts to investors, a U.S. industry organization retained WPI to develop a quantitative model that better communicated the importance of exports. The resulting model concluded that value-added meat exports contributed $0.45 cents per bushel to the price of corn, increasing support for that sector’s financial support of WPI’s client. In addition to serving the red meat industry with this type of analysis, WPI has generated similar deliverables for the U.S. soybean and poultry/egg industries.