#205–2026: A New Phase of Optimism…
With Winners and Losers 2025 is ending on a much stronger note than it appeared just three months ago, while the outlook for 2026 has improved significantly. At the global level, the Federal Reserve’s interest rate cut and the announcement of balance sheet expansion bolstered the rally in financial assets—particularly certain commodities—and once again triggered a decline in the […]
RPM – December 2025
Monthly Trends in Food and Beverages Food inflation stood at 2.5% month-over-month. The increase was primarily driven by higher meat prices (7.3%), with beef prices rising 9.6%. Meanwhile, fruit prices rose moderately by 1.8%, contributing positively to the change […]