Deflation?
I don't buy this story on the media.
If said business become slower and less volume/revenue, yes, this is the true picture, but not on the deflation for consumer.
Oil price is staying at elevated level, above USD100, so does copper, silver, gold, even CPO staying comfortable around RM3000.
Look at CPI, PPI number, all point to the inflation especially in emerging countries.
China despite showing lower CPI number, it is still a hot number of 4~5%, just not as severe as previous around 6%.
With central banks across the globe prefer growth over the inflation control, cheap interest, massive QE, I fail to see how can deflation occur.
Price paid by consumers keep on escalating only.
Where is the deflation?
I only know money become smaller, and price only up, no down.
Japan in deflation mode. Anybody can further explain this?
Just wanna know more on this.... tq