Oil Price Causes Spikes And Crashes In Inflation

  • Big moves in oil price have a big impact on inflation
  • Correlation of 54%, hence, if oil price increases inflation increases and vice versa
  • This chart also highlights how sensitive CPI as a measure of inflation is too big price changes in oil
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    Author: Travis Esquivel

    Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.

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