1.5 Within the comparable time, greater commodity selling prices, this sort of as oil and food, around the first of all 50 % of 2008 contributed to the essential maximize in inflationary pressures through the world economic system. This acted being a squeeze relating to the disposable profits of both of those corporations and clients, and contributed to the weakening in world-wide demand. The reduction in commodity price ranges inside of the 2nd half of 2008 and weaker activity from the worldwide market, are anticipated to lead to your sharp reduction in inflation within the coming months, with consideration now turning with the probable danger of deflation in 2009.
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