Wednesday, 8 April 2009

UK petrol prices up 9 percent since January

More evidence of deflation.


Anonymous said...

You didn't plot the price from July 2008 to January 2009. Intellectual dishonesty?

Prices are still lower than 6 month ago, 12 months ago or 18 months ago...

Alice Cook said...

Anon 15.34,

I will post the the oil price with a longer data series tomorrow.

Actually, I wanted to focus on the short term developments in the oil price, rather than look at the run up in prices last year, which I assumed everyone was knew about.

In the last week or so, I did post the long run dollar price of oil which clearly shows the speculative bubble, and the subsequent collapse.

Thanks for the comment.