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Price deflation accelerated in the late 1990s, partly because of increased competition and partly because of increased efficiency in the manufacture of chips.
Price deflation is usually employed to obtain estimates of real gross product by sector and industry to be used as numerators of productivity ratios.
Price deflation and the rise of online shopping, combined with increasing use of small local grocery stores, have driven sales declines at all the major traditional supermarket chains.
Some economists worry that price deflation continues in Hong Kong.
Market intervention to prevent house price deflation is essential for the future of civilisation.
One measure of the latter is the pace of price deflation for IT equipment.
Similar(6)
Consumer-price deflation has been moderating.
Consumer-price deflation held steady at 0.4% in the year to April.
In October, Singapore's industrial production rose by 11.8% year-on-year, and consumer-price deflation eased.
Japan's consumer-price deflation continued; prices fell by 0.8% in the year to August.
Worse, house-price deflation is only the first element of a quadruple whammy that is thumping American consumers.
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