Consumer prices in developed economies rose at the slowest annual rate in at least 37 years...

|By:, SA News Editor
Consumer prices in developed economies rose at the slowest annual rate in at least 37 years during December, OECD says, tumbling to 1.5% from 2.2% in November. The possibility of global deflation will probably encourage central banks to cut interest rates again - where they aren't already at or close to zero.