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Tuesday, April 9, 2013

Greece enters deflation for first time in 45 years


Telegraph.co.uk

Greece enters deflation for first time in 45 years
Telegraph.co.uk
The fall was widely expected as a consequence of five years of unrelenting economic contraction in Greece, where GDP is 16pc smaller than it was in 2008, but could mark the beginning of a dangerous deflationary spiral for the fragile economy. "Given ...
Greek inflation turns negative, first time in 45 yearsReuters

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READ THE ORIGINAL POST AT www.telegraph.co.uk