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F. George McDuffee F. George McDuffee is offline
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Default Do you call that "deflation"?

On Fri, 31 Oct 2008 22:42:47 -0400, "Ed Huntress"
wrote:
snip
That's the third month in a row that inflation has dropped

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Not to quibble but its disinflation when the rate of increase
slows. Deflation is where the actual value of money increases.

http://en.wikipedia.org/wiki/Disinflation

It can be argued that the fall in the house value indicates a
deflation, but this would be inconsistent with the way the
increase in house costs did not count toward the inflation
numbers.