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Old 17th Feb 2009, 13:00
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quant
 
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Deflation nears as living costs hit 49-year low

I came across this story on the times website - good or bad thing?

Concerns grew today that the recession could push Britain’s economy into the grip of deflation as a key gauge of price pressures showed annual inflation tumbling to the lowest rate since 1960.
Deflation nears as living costs hit 49-year low - Times Online

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