Ireland slumps into deepest deflation since 1930s

Posted by 7Star Friday, April 10, 2009

Irelands shrinking economy slumped further into deflation in March with prices falling 2.6 percent on a 12-month basis, the lowest figure since 1933, official data showed on Thursday. In January, a 0.1-percent decline was the first time the country had experienced falling prices since the early 1960s and was followed by a 1.7 percent drop in February.

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3 comments

  1. http://www.ehow.com/members/stevemar2-articles.html Said,

    This is an historic occasion definitely. It's sad to see the economy faltering so bad everywhere around the world.

    Posted on April 14, 2009 at 11:26 AM

     
  2. karthik Said,

    Hey its very nice and interesting….cute way of expression in words….i liked it….kindly visit ma blog and do comment

    Posted on April 15, 2009 at 7:44 AM

     
  3. 7Star Said,

    Thanks buddy.

    Posted on April 19, 2009 at 8:16 AM

     

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