Higher oil prices no reason for inflation - Economic Times

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Viraj
on March 7, 2010 3:09 PM | | Comments (0) | TrackBacks (0)

Higher oil prices no reason for inflation
Economic Times
Even when oil hit a record $ 148/barrel in July 2008, US inflation (excluding energy and food) was just 2.5%, although fuel oil was up 61% and petrol 37.9%. ...

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