Ornua PPI

The Ornua Purchase Price Index (PPI) is a monthly indicator of market returns on dairy products purchased by Ornua (typically butter, cheese, whole milk powder and protein products), relative to comparable returns generated in a base year (2010).

For example, if the PPI is 105 in month ‘X’, this implies that the market has generated a return 5% higher than the average return in the base year (2010). Similarly, an index level of 95 in month ‘Y’ implies a return 5% below the average for the base year.

Created with Highcharts 4.0.4Base: 2010 = 10020142015201620172018JanFebMarAprMayJunJulAugSepOctNovDec6080100120140Jan 2014PPI Value: 135

The PPI can provide a reference as to how the general dairy market is performing and may help to guide expectations around likely returns for dairy products and the milk used in their manufacture.