In $2009$, a country recorded an inflation rate of $2\%$. The table gives the inflation rates for the next years: $2010: 2\%$, $2011: 1\%$, $2012: 0\%$, $2013: -1\%$. In which year did deflation begin?
- A2010
- B2011
- C2012
- D2013
Economics 0455 · IGCSE · Inflation and deflation
In $2009$, a country recorded an inflation rate of $2\%$. The table gives the inflation rates for the next years: $2010: 2\%$, $2011: 1\%$, $2012: 0\%$, $2013: -1\%$. In which year did deflation begin?