The Committee assesses that maintaining a sustained disinflation
process is the key for achieving lower sovereign risk, lower long-term interest rates, and stronger economic recovery.
The results suggest that disinflation
in a small open economy is associated with larger short-term output losses than in a closed economy due to real exchange rate appreciation.
in Zimbabwe is therefore a good development as it increases the consumers' purchasing power," he said.
Its economy is still suffering with disinflation
and the recent devaluation in the Euro might inspire its central bank to weaken its currency to not only combat disinflation
, but to ensure export competitiveness.
The odds of this high-growth scenario playing out are perhaps reflected in how well equity markets have held up despite worries about disinflation
, patchy economic growth and the possibility that Greece could return to the emergency room.
is used when the inflation rate has fallen marginally over the short term.
That is, some disinflation
(fall in inflation) called for by the models is missing in the sense that it hasn't occurred.
has been experiencing disinflation
-- the core personal consumption expenditures index, for example, has fallen to 1.2% from 1.8% in the previous year.
ECB officials currently experiencing "disinflation
" not "deflation"
The weekly CPI structure reveals that disinflation
in eggs and deflation in gasoline helped inflation to abate.
The board of the National Bank of Romania (NBR) decided on Monday to cut the key interest rate from 4.5 percent to 4.25 percent and maintain the current minimum reserve requirement ratios on both leu and foreign currency denominated liabilities of credit institutions.The NBR said it had room for monetary easing due to the resumption in disinflation
, estimating the annual inflation rate will fall below its target of 2.5 percent in the next period."The recent pass-through of the policy rate cut to interbank rates and government bond yields shows the consolidation of monetary policy transmission.
Headline CPI embarks on disinflation
trend, underlying inflation under control