These restorative forces are at work today, and they will continue to promote recovery over time. Unfortunately, the recession, besides being extraordinarily severe as well as global in scope, was also unusual in being associated with both a very deep slump in the housing market and a historic financial crisis.
2  BIS Review 57/2003  First, not only must the most recently published core CPI register a year-on-year rate of increase of zero percent or above, but this tendency must be confirmed over a few months. Second, the year-on-year rate of increase in the prospective core CPI must not be expected to register zero percent or below.