Should we worry about deflation?

Pryce, Vicky (2023) Should we worry about deflation? Birmingham City University, Centre for Brexit Studies Blog.

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With the focus of most governments and central bankers being on fighting inflation, how do we cope with the sudden re-emergence of deflation? It isn’t new- Japan has struggled with that for decades, certainly since the collapse of its property markets back in the 90s.iAnd it is only now enjoying a return to inflation, partly due to higher energy prices which have finally done what years of monetary injection and zero interest rate policy had failed to do . Japanese inflation has stayed sustainably above zero for the last two years and is currently at 3.3%.

Item Type: Other
11 August 2023Published Online
Uncontrolled Keywords: Centre for Brexit Studies, CBS, Brexit, BCU, EU, European Union, UK, Birmingham City University, UK Government, UK politics
Subjects: CAH15 - social sciences > CAH15-03 - politics > CAH15-03-01 - politics
Divisions: Research, Innovation, Enterprise > Centre for Brexit Studies
Depositing User: Gemma Tonks
Date Deposited: 27 Oct 2023 13:29
Last Modified: 27 Oct 2023 13:29

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