Pricing was up 4.5%, as it benefited from improvements in
underlying price and package mix, such as high sales of smaller cans.
Likewise, core inflation-which excludes selected volatile food and energy items to measure
underlying price pressures-was also lower at 3.2 percent in July from 3.3 percent in June.
Core inflation continue to rise on account of rise in HRI and exchange rateCore inflation (NFNE) inched up by +1.7% m/m to +7.8% reflecting the
underlying price increase of mainly house rental index and recent budgetary measures.
7 percent in December suggests that
underlying price pressures are easing.
Al-Falih told Bloomberg that the riots in France over hikes in the cost of diesel was a result of "governments unreasonably taxing energy," rather than the
underlying price of crude oil.
Core inflation excludes selected volatile food and energy items to measure
underlying price pressures.
On the other hand, core inflation--which excludes selected volatile food and energy items to measure
underlying price pressures--rose to 4.9 percent in October from 4.7 percent in the previous month.
This is supplemented by the growing trend of decentralisation which has driven the
underlying price of gold up 2 per cent since the start of the year."
The analyst notes however that the quarter also showed "solid volume growth and
underlying price progression" while also pointing to strong demand trends, forecasting more pricing and margin upside in the coming quarters.
This higher cost sharing and movement of generics to higher tiers did not correspond with an increase in the
underlying price of generic drugs over that same time period, according to an analysis by Avalere experts of the average volume-weighted price of generics that were included on plan formularies in both 2011 and 2015.
At this juncture, we think that the impact was more of a knee-jerk, although a more pronounced implication may still be felt through the impact on
underlying price expectations.
