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1.five In the same exact time, enhanced commodity costs, these types of as oil and meals, inside of the very first half of 2008 contributed into a significant raise in inflationary pressures through the global financial system. This acted to be a squeeze to the disposable income of each corporations and customers, and contributed towards weakening in global demand from customers. The reduction in commodity costs inside of the 2nd half of 2008 and weaker action inside of the global financial system, are envisioned to steer into a sharp reduction in inflation inside of the coming months, with consideration now turning towards potential threat of deflation in 2009.
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