Right so, if its including housing costs after the disasterous housing bubble, we are experiencing deflation?

France, which had been experiencing deflation in the years preceding the crash, was spared financial calamity for the moment, as was Britain.

Neither the United States nor Europe, outside Germany, is likely to experience serious deflation in the next year or two.

I work in a sector that is experiencing deflation.

It defies belief that a trading nation such as ours can experience deflation with a currency devalued by 30%.

Providing more liquidity into an economy that is experiencing deflation is clearly correct, but I don't think it will help much.

Since the Argentine economy was experiencing deflation in the 1990's and the promise of reducing rates was also forgotten, the rate adjustment swelled profits enormously.

However, the Bank of England is increasing the base money at a large rate through quantitative easing, which is why we aren't experiencing large deflation.

Mr President, at the moment Europe is experiencing deflation, and that is the wrong way to go about preventing unemployment.

Are we experiencing deflation as some claim?