Don't panic – UK deflation is nothing more than a blip
- Written by The Conversation
Down but not out.www.shutterstock.comThe rate of inflation has turned negative for the first time in 55 years in the UK. The phenomenon of deflation in economic jargon means consumers will see a drop in prices, with essentials like petrol and food cheaper than this time a year ago. Crucially, deflation constitutes a fall in prices over a sustained...








