Deflation Is Not A Problem: Reversing It Is – Analysis
By Frank Shostak*
The yearly growth rate of the Consumer Price Index (CPI) fell to 7.7 percent in October from 8.2 percent in September. Note that in October 2021 the yearly growth rate stood at 6.2 percent.
Some experts are of the view that it is quite likely that the momentum of the CPI might have peaked.
We suggest...