Sources: Inflation, Oil

Generated using rose.ai

Cool to see, but are there any valuable conclusions to draw from this?

Energy is used in all aspects of our life. Manufacturing, Transportation, Food, Utilities, All influence on what we pay for items.

Edit: Be more energy independent, have more nuke plants etc. Fyi, nuke does nothing for transportation and food.

Higher oil prices contribute to inflation directly and by increasing the cost of inputs.

There’s not really anything interesting or new represented in this graph.

do one for meat, toiletries, ect. something tells me they’ll all follow the same trend

>nuke does nothing for transportation

It somewhat does if you have an electrified rail network

That graph doesn't really support the "Inflation is about Energy" title, however it is true that energy prices have been a major driver of inflation.

From the 80s onward the volatility is up. Because of computers?

Because manufacturing and fertilizer costs are primarily determined by energy costs. That said, obviously, inflation has multiple causes, energy is just one large component