Welcome to our collection of items of news and interest from the last quarter and review of the previous year.
During the last quarter, the annual RPI for all commodities fell but, bucking the trend, overall RPI increased slightly by 0.4% to 1.2%. The biggest fallers were pork and fish (down 5.1% and 3.6% respectively) with dairy down 1.5%, beef down 0.7% and cereals hardly moving at all, down 0.2%.
Looking at the year as a whole, the graph reflects the instability of all the commodity markets tracked versus the relative stability of overall RPI. Versus this time last year, whilst still volatile, the range of movement is less than that of 2014 and predominantly negative – that is to say, both peaks and troughs mainly falling below the zero mark. Beef is the only commodity to show an increase between December 2014 and December 2015 – only 0.2% – with all others falling between 2.3% (cereals) and 5.7% (dairy). Overall RPI fell by 0.4%.