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Broadly, prices in Europe are tipping a deflationary dead zone.

此外, 欧洲物价正接近通货紧缩的区域.

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Nor is China's deflationary effect on global tradable - goods prices about to end.

中国对全球外贸商品价格的紧缩效应尚未完结.

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In other words, deflationary expectations arehold in both businesses and households.

也就是说, 通缩的预期不仅在企业,而且在家庭里出现.

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That only increased the deflationary pressures at home and abroad.

那只会增加国内外通货紧缩的压力.

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Yet this anti - deflationary zeal is precisely what alarms people like Mr Meltzer.

可是,正是这种抵抗通缩的热忱把象迈尔策先生这样的人给吓住了.

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Global deflationary trend is a cyclical economic phenomena.

第六,通货紧缩是一种经济周期性现象.

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This makes the deflationary circle difficult to break.

这使得通货紧缩循环难以打破.

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First, the much weaker exports represent a negative demand shock that is deflationary.

首先, 严重恶化的出口造成一种负需求冲击,也就是通货紧缩.

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From being deflationary in terms of manufactured goods, it will become neutral to inflationary.

就制造业产品而言, 那将是从通缩变成中性至通胀的状态.

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The devaluation of any major currency today simply exports deflationary pressure to other currency currency.

当前,任何主要货币贬值都仅仅会对其他货币区造成通缩压力.

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The new economy does not mean we'll never have anther recession or even a deflationary spiral.

新经济并不意味着我们将永远摆脱新一轮的衰退或是避免落入通货紧缩的旋涡.

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And there are plenty of reasons to be worried about a deflationary downward spiral.

但是,我们有足够的理由担心会出现一次紧缩的螺旋式下降.

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First, though, China has to contend with a - term deflationary boom, which will end upa deflationary bust.

不过, 中国首先将不得不应对 短期 通缩繁荣, 最终导致通缩式崩溃(deflationarybust).

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A slow and difficult recovery , dominated by de - leveraging and deflationary risks, is the most likely prospect.

最可能出现的情况是, 经济在去杠杆化和通缩风险的主导下,经历一场缓慢而艰难的复苏.

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The new economy does not mean we will never have another recession or even deflationary spiral.

新经济并不意味着我们将永远不会再有经济衰退或持续的通货紧缩.

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