By this measure, inflation since June has been running at a rate of -1pc in France, -2pc in Holland, Belgium and Slovenia, -4pc in Italy, Spain and Portugal, -6pc in Greece and -10pc in Cyprus. Sweden and Switzerland are also in deflation.
By this measure, inflation since June has been running at a rate of -1pc in France, -2pc in Holland, Belgium and Slovenia, -4pc in Italy, Spain and Portugal, -6pc in Greece and -10pc in Cyprus. Sweden and Switzerland are also in deflation.
via ECB’s dangerous flirtation with deflation.