February 24, 2015
THE THREAT OF RISING STANDARDS OF LIVING:
Deflation Threat Grows in Europe (PAUL HANNON, Feb. 24, 2015, WSJ)
Consumer prices across the European Union fell in January at the fastest rate since records began in 1997, increasing the risk that the 28-member bloc will slide into deflation. [...]Eurostat on Tuesday said consumer prices in the 28-nation bloc fell 0.5% in January from a year earlier, and confirmed data that showed prices in the eurozone were 0.6% lower.
Posted by Orrin Judd at February 24, 2015 6:22 PM
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