Not ‘deflation’, just ‘negative inflation’

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A senior Bank of Canada official has said that inflation could slip into negative figures during this spring. Deputy Governor Agathe Cote said that consumer prices across the board would not decline so it would not be considered deflation. Oil prices are the reason for the decline in inflation which could hit “zero or just below” for “a time”. 
  • J Smith on 2015-02-20 12:19:36 PM

    Not sure where this talk of negative inflation comes from - reality is prices have been going up on everything!!

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