Silobreaker: Ireland plunges deeper into deflation

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Saturday, November 21, 2009 8:32 AM

Published 07/09/2009 by Times Online

Ireland plunges deeper into deflation

Ireland sunk further into deflation in June as the cost of living fell at the fastest rate since the Great Depression, raising the prospect of a prolonged recession.

According to data from the Central Statistics Office (CSO) the annual rate of inflation is minus 5.4...

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Blogs

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Why we don’t need to worry about deflation [Health Business Blog - 07/02/2009] With the current depression, there’s been some fear that we may enter a period of deflation, which could create a downward spiral for the economy as people hold ...
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Debt Deflation the Reason Why Government Econom... [The Market Oracle - 07/14/2009] There is a reason I call this column Outside the Box. I try to get material that forces us to think outside our normal comfort zones and challenges our common ...
Deflation? [AMERICAblog News\| A great nation deserves the t ... - 07/03/2009] Krugman says "we're heading into Japanese-style deflation territory." And, he's got the chart of "wage change" to prove it. Earlier this year, Krugman told us "getting ...
Exposing the Myths of Deflation and Recession [The Market Oracle - 07/15/2009] This article is part of a syndicated series about deflation from market analyst Robert Prechter, the world's foremost expert on and proponent of the deflationary ...

Audio/Video

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Reverse Mortgages Field Hearing Panel 2 Highlights [Senator Claire McCaskill - YouTube Channel - 07/15/2009]
Reverse Mortgages Field Hearing Panel 1 Highlights [Senator Claire McCaskill - YouTube Channel - 07/13/2009]
Business Update: ECB rate holds [Reuters Video: Business - 07/02/2009]
Homeowners Workshop [Rep. Cliff Stearns - YouTube Channel - 07/10/2009]

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Ireland plunges deeper into deflation