/biz/ - Business & Finance

>>58345869
It doesn't matter if oil was relatively cheaper back in 09, the fact of the matter is that its now well elevated to the decade long trend of sagging oil prices and that is a significant contributor to inflation. Other factors contributing to inflation are also shelter prices which I believe make up about a third of the Core CPI. Housing price data for my area are as follows... My area has also had significant drops in tax revenue which is a sign of declining economic activity. But housing is more expensive ?