>That doesn't show direction though. Energy impacts basically everything in the economy, but energy can also be impacted by the rest of the economy.
What direction? Sorry, direction of prices of energy? Direction of inflation.
Look, we seem to be debating the strangest things. Not only are there 100s of articles that discuss and establish this fact, it is the basis for every strategy to handle the situation.
>Doesn't that go against the earlier comment that prices are tied through energy costs and directly linked to Ukraine?
Yeah you are right. I added it in context of the larger forces driving inflation.
If you want to be focused on energy alone then it is the war on Ukraine. Here - theres a paper from Nature that decomposes the various factors of the price rise and finds that the war was responsible for 75% of the increase in prices.
What direction? Sorry, direction of prices of energy? Direction of inflation.
Look, we seem to be debating the strangest things. Not only are there 100s of articles that discuss and establish this fact, it is the basis for every strategy to handle the situation.
>Doesn't that go against the earlier comment that prices are tied through energy costs and directly linked to Ukraine?
Yeah you are right. I added it in context of the larger forces driving inflation.
If you want to be focused on energy alone then it is the war on Ukraine. Here - theres a paper from Nature that decomposes the various factors of the price rise and finds that the war was responsible for 75% of the increase in prices.
https://www.nature.com/articles/s41599-023-02526-9#:~:text=T....
I suppose that should satisfy you?