> You would have to normalize against other costs and do a deep dive to really understand.
The tricky part here is that energy is an input to basically everything. It's a major (through fertiliser) input to food, and then all of transport and stocking of said food which tends to be how energy changes influence downstream inflation. So I think you'd probably need a deeper analysis to tease out these issues.
The tricky part here is that energy is an input to basically everything. It's a major (through fertiliser) input to food, and then all of transport and stocking of said food which tends to be how energy changes influence downstream inflation. So I think you'd probably need a deeper analysis to tease out these issues.