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Deflationary pressures are severe in Japan and mounting in Europe.
Japan, for instance, like China, faces deflationary pressures.
This week's jump in the franc, by making imports cheaper, will only accentuate deflationary pressures.
How, for instance, it can be suffering from inflationary and deflationary pressures at the same time.
"Deflationary pressures persist, with firms lowering their prices again amid ongoing efforts to grow sales.
As deflationary pressures increase, the government will be trapped by its own previous policy.
Deflationary pressures soon re-emerged and policy rates returned to zero by 2001.
Signs are there for all to see that deflationary pressures are easing.
Deflationary pressures, therefore, will prove more persistent than initially assumed," Mr. Neumann wrote.
Hoarding effectively removed money from circulation, adding further to the deflationary pressures.
Once it does, says the Bank, deflationary pressures will build again.
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