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deflation |
Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson | 0.01 sec. |
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This will be followed by a period of price deflation. Five years of consumer price deflation have done little to make Japan more affordable. Even if the renminbi were to re-value higher tomorrow, the risk of global deflation is still on the high side due to Japan's persistent deflationary malaise, global asset price deflation following the collapse of the Internet bubble, and shorter product life cycles as a result of ongoing improvements in productivity. |
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