Tuesday, November 12, 2002

Japan: Hamburger Prices and Deflation

Apparently changes in hamburger prices are provoking quite a controversy in Japan, they seem to be seen as a symbol of deflation.


Recent news of a top hamburger chain reinstating price discounts indicates how far the speculation about an "end to deflation" a few months ago was missing the mark. Actually, some investors had been assuming that the end of the

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