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Inflation subsided.
But inflation subsided, and in 1997 the nominal capital gains exaction was cut from 28% to 20%, and cut again in 2003 to 15%.
Similar(58)
This may ease a bit as inflation subsides, allowing interest rates to come down.
If inflation subsides and remains quiet for years and years, then these bonds are not likely to be good investments.
So far this year, retail-price inflation has outstripped increases in average earnings, leaving workers worse off.Some relief will come over the next few months as inflation subsides.
That's a worry as inflation subsides, kindling concern that the euro zone may slip into Japanese-style deflation, which would exacerbate debt burdens, both private and public.
Rising inflation also punishes people living on fixed incomes, and it discourages lending and long-term investments, imposing an enduring restraint on economic growth even if the inflation subsides.
Even though inflation has subsided, it is hard to imagine a system that is not latently inflation-prone.
Calculated Risk informs us that key measures of inflation have subsided.
Anyway, since inflation has subsided around the world, Labour should not get much of the credit.
Once inflation has subsided, the authorities are free to turn the taps back on.But in a "balance-sheet recession", what must be corrected is not a flow but a stock.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com