Also in December, Singapore experienced its seventh consecutive month of consumer-price deflation: prices fell by 0.3% in 1998 as a whole, the first annual fall in 12 years.
Yes, deflation: prices are going up at the checkout counter, but the prices of assets, which are what matter for balance sheets, are dropping fast.
The reports also contained fresh signs of deflation: prices fell 0.6percentt in October after rising 0.1percentt in September, according to the Commerce Department.
All things considered, wouldn't it make more sense to hope for mild deflation (prices declining 1%-2 1%-2%year) rather than mild inflation (perces rising 1%-2%)?
Inflation refers to rising prices; deflation, falling prices.
Japan's consumer-price deflation continued; prices fell by 0.8% in the year to August.
Then, as inflation gave way to deflation, even price stability was no longer their business.
It would oblige Argentina to continue trying to adjust its real exchange rate by deflation (cutting prices and wages in nominal terms).
Deflation in prices of goods leaving the factory gate eased further in September, although in annual terms prices still recorded a 19th consecutive fall.
Japan is experiencing deflation: consumer prices were 0.3% lower in August than a year earlier.
