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German inflation remained steady at 0.1%, avoiding a contraction in prices, and unemployment improved.
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BBC Europe editor Gavin Hewitt said the figures raise the risk of a contraction in general prices in the eurozone.
As with America and the UK, former Soviet bloc countries have suffered a severe contraction in home prices.
"A DESTABILISING contraction in nationwide house prices does not seem the most probable outcome...nominal house prices in the aggregate have rarely fallen and certainly not by very much".
Reuters reported that it warned of the possibility that an "outright contraction" in American housing prices could stifle consumer demand, hurting developing countries whose exports to the United States had fueled their growth.
I'll settle for $550, assuming some contraction in Google's price-earnings multiple below 30 times my 2008 earnings projection of $19 a share.
More significant is the possibility that this new version of the oil wars Washington has been fighting since the 1990s could someday result in a genuine contraction in global supplies, driving prices skyward and so threatening the health of the U.S. economy.
He contends that gold is foretelling fully-fledged deflation — a contraction in the economy and asset prices — just as it did in 2008, when the metal dropped from about $1,000 an ounce to roughly $700 between March and November.
Since the advent of say-on-pay in the U.S., we have not observed a major contraction in economic output, and stock prices have generally soared – and a contraction has only happened once in Europe, where say-on-pay existed in some markets before the financial crisis.
In addition to skyrocketing prices, the contraction in the number of apartments available for sale has been so severe that prospective owners feel they would have to make too many compromises in location and amenities simply to get into the market.
Contraction in world economy, falling fertilizer prices spoiling food family's fortune.
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