Deflation threat remains, but not in Australia

By Stephen Cauchi
Updated April 29 2015 - 2:08am, first published April 28 2015 - 4:22pm
Headline inflation is likely to fall below zero in Japan in April, says Capital. Photo: Shizuo Kambayashi
Headline inflation is likely to fall below zero in Japan in April, says Capital. Photo: Shizuo Kambayashi
<p> Photo: Thomson Datastream, Capital Economics
<p> Photo: Thomson Datastream, Capital Economics

Prolonged exceptionally low inflation or deflation in much of Europe or Japan remains a  threat despite the recovery in oil prices, according to Capital Economics.

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