China faces a “toxic combination” of deflation and devaluation which Japan did not experience. It may be a sign of greater economic instability.

Deflation is a decrease in general price levels, while disinflation is what happens when prices grow at a slower rate than before.

Deflation is a term that describes a decline in the prices of goods and services, leading to an increase in the purchasing power of money. Unlike inflation, which erodes the value of currency ...

Though it recovered in the second half of the year, Japan’s economy barely grew in 2024 as a depreciated yen fueled inflation ...