Oil prices and inflation relationship
6 Mar 2020 As oil prices move up, inflation—which is the measure of general price trends throughout the economy—follows in the same direction higher. On In terms of inflation, oil prices directly affect the prices of goods made with petroleum Is the relationship between oil prices and the economy always the same? 16 Dec 2018 Many if not most economists must find annoying the frequent media reports on the presumed relation between the price of oil and inflation.