Oil Price Causes Spikes and Crashes in Inflation

By Andrew Stotz of Become A Better Investor

Feb 28, 2018 at 5:21 AM EST

Big moves in oil price have a big impact on 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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