Fossilflation
id:
fossilflation-161-8281031
title:
Fossilflation
text:
Fossilflation is a term that describes the impact of fossil fuels on inflation. According to Vox in August 2022, "Economists have pointed to energy prices as the main reason for high inflation," noting that "energy prices indirectly affect virtually every part of the economy". Sectors that raise prices significantly as a result of higher fossil fuel prices include transportation, food, and shipping.
brand slug:
wiki
category slug:
encyclopedia
description:
Fuel formed over millions of years from dead plants and animals
original url:
https://en.wikipedia.org/wiki/Fossilflation
date created:
2024-08-18T22:11:04Z
date modified:
2024-08-27T18:51:43Z
main entity:
image:
fields total:
13
integrity:
14