Prices fell 0.1% in April. NOT deflation, which is persistent and long running fall in prices.
— Andrew Neil (@afneil) May 19, 2015
Much like a recession, negative inflation becomes deflation when it is persistent over two successive quarters.
Prices fell 0.1% in April. NOT deflation, which is persistent and long running fall in prices.
— Andrew Neil (@afneil) May 19, 2015
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