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deflation
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deflation

In economics, a sustained reduction in the general level of prices. It may be caused by an increase in interest rates and reduction in the money supply, increased taxation, or a decline in government expenditure.

Deflation may be chosen as an economic policy to improve the balance of payments, by reducing demand and therefore cutting imports, and lowering inflation to stimulate exports. It can reduce wage increases but may also increase unemployment.
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Japan was stuck in a deflationary spiral for years after its asset price bubble burst in the early 1990s, hitting corporate earnings and prompting consumers to put off purchases in the hope of further price drops.
Japan maintains super-low interest rates by AFP / AFP Asian Edition
Japan was stuck in a deflationary spiral for years after its asset price bubble burst in the early 1990s, hitting corporate earnings and prompting consumers to put off purchases in the hope of further price drops.
Japan maintains super-low interest rates by AFP / AFP Global Edition
The cost of items such as clothes, electrical goods and furniture was deflationary again last month, the British Retail Consortium (BRC) said.
Boost for shoppers; Inbrief by Evening Gazette (Middlesbrough, England)
 
 
 
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