Four flash sales in a day! China, world’s second largest economy, hit by deflation – here’s why economists are worried – The Times of India
Deflation occurs when prices of goods and services decrease across the board. Rising prices or inflation is a common headache for economies around the world. But what about falling prices? Believe it or not, a sustained fall in prices, commonly known as deflation, is just as big a concern for governments, as is inflation. And,…