Amlodipine Besylate Prices Trend in the second quarter of 2023 | ChemAnalyst

Chemanalyst28 Aug, 2023Business

In June 2023, Amlodipine besylate prices experienced a 3.41% drop compared to levels seen in April. The US Manufacturing PMI (Purchasing Managers Index) declined to 46.3 in June from 48.4 in May and 47.1 in April, signaling reduced end consumer purchases. In response to the weakened market demand, traders and suppliers have lowered the price of Amlodipine Besylate to sell off existing inventory and maintain profitability. The Consumer Price Index (CPI), a gauge of inflation, saw a mere 0.2% increase in June, up from 0.1% in May. This reflects a slower pace of inflation in over two years, as the Federal Reserve aggressively raised interest rates to curb inflation.