## A Year of CPI Inflation Forecasts

The Bank of England CPI inflation forecasts over the past year together with the actual observed inflation.

## What Powers the World?

What powers the world? How much comes from fossil fuels and how much from renewable energies? How much has this change since 1965? The Chart Of The Week shows the evolution of the energy mix from 1965 to today.

## How much Oil and Petroleum Products does the U.S. import from Russia?

At the beginning of the month (March 08, 2022) the U.S. announced a ban on all imports of Russian oil (including petroleum products). But, how much oil does the U.S. really import from Russia?

## Europe’s Dependance on Russian Gas

The recent events in Ukraine have highlighted the importance for the EU and UK to diversify its energy sources. In particular, to reduce its dependency on Russia's oil, natural gas, and coal.

## Oil Shocks and the Probability of U.S. Recession

This chart was motivated by the article History Suggests Oil Shock Raises Probability of U.S. Recession published last Friday by Bloomberg. According to the article, historical data shows that big surges in crude-oil prices have ended U.S. economic expansions and tipped the U.S. economy into recession.