Here's the inflation breakdown for September 2024 Vehicles have also "been one of the key areas of goods deflation," said Sarah House, senior economist at Wells Fargo Economics.

What is deflation? That being said, it's unlikely that deflation will become widespread. And if it does, that won't be good sign for the economy, Harrison added.

Deflation, on the other hand, describes actual decreases in prices, not a decrease in the rate that inflation is rising. With 2% deflation, a good that used to cost $10 now costs $9.80.

The impact of deflation on the economy can be significant, particularly in the realms of employment and wages. As prices fall, companies may see reduced revenues, leading them to cut costs by ...

Deflation is not a problem across the board in the United States, which, like many countries, is experiencing inflation. In China, however, prices across all goods and services were 0.2% lower in ...

The bout of deflation back in July 2024 was unusual, given that we’re not in a recession, but it doesn’t mean the sky is falling. It might, however, mean that interest rates are falling in the ...

After a historic run-up in inflation, Americans are now starting to see something they haven’t in three years: deflation. To be sure, deflation—that is, falling prices—is largely confined to ...

LONDON, Dec 29 (Reuters Breakingviews) - Big supermarket chains may be unlikely winners from deflation. Walmart (WMT.N), opens new tab and Tesco (TSCO.L), opens new tab are expecting prices to ...

The worsening global recession has heightened concerns that the United States and other economies could enter a sustained period of deflation, as did Japan in the 1990s and the United States during ...

TOKYO—The Japanese economy hasn’t completely overcome deflation yet, although there are some positive developments such as wage growth and increasing capital spending, Finance Minister ...