European Service Prices Plunge at Steepest Rate Since January 2010; Reflections on Keynesian Stupidity
OCTOBER 23, 2014
Average prices charged for goods and services showed the largest monthly fall since February 2010, having now fallen almost continually for just over two-and-a-half years. My Comments Prices received plunge the steepest since January 2010, but input prices are up. Prices were increasingly being cut in order to help boost sales.