Pepper & spices and Salt

Their prices have moved together.

Pepper & spices (commodity) and Salt (commodity): 1 relationship.

How they are linked

1. Price link: shared index

Cost and price · Weak · Both ways

The spice proxy is a US index that also covers table salt, so it shares a component with the salt series. Even so, monthly moves correlate at minus 0.14, showing the two products are priced separately.

• -0.14 monthly change correlation
• -0.07 12-month change correlation
• 1.16 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.