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The Week
The Week
National
The Week Staff

Inflation vs. deflation: which is worse for national economies?

Inflation China Paul Krugman Economy Japan The Telegraph The Washington Post United States

Lower prices may be good news for households but prolonged deflation is ‘terrible for the economy’

As sky-high inflation may finally be coming down for many major economies, falling prices and lacklustre growth in China are stoking fears of a deflationary spiral.

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