Email Story

Deflation or disinflation?

Economist's View found this 2/11/2009 on VoxEU.org

Robert Ophèle , 11 February 2009 The recent rapid fall in inflation, amidst a financial crisis and a very sharp economic slowdown, has raised the spectre of deflation. But, this column argues, current dynamics in France and the euro area are actually characteristic of a much more positive ...