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A Rise in Oil Price Still Classed as Inflationary?

A Rise in Oil Price Still Classed as Inflationary?

Oil prices have jumped to a record high of $80 per barrel, so how does this surge affect the global economy? CNBC's Michelle Caruso-Cabrera talks to Neil MacKinnon, Chief Economist at ECU Group, about whether the rise in oil price is still seen as inflationary.

CNBC | September 13, 2007Watch more videos from CNBC

Tags:. .still. .does. .prices. .chief. .seen

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