3 percent from September 2011 to September 2012, far outpacing the overall economic inflation
level of 2.
1975: OPEC agreed to raise crude oil prices by 10%, which began a wave of world economic inflation
CAIRO: In a time of political uncertainty and the threat of economic inflation
, charity activities remain toiling for the sake of the less privileged.
Elaborating on the reasons for the high cost of energy he said that along with economic inflation
but the US foreign policy has caused soaring energy prices.
While correlation is not necessarily causation, in a correlative reaction, to raising oil prices and possible economic inflation
, the Federal Reserve moved from a low accommodative interest rate policy to one of a steady and consistent increasing of interest rates between 2004 and 2007.