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→Food deflation
Food deflation was rampant in 2016, due to increases in supply and low-cost competition.<ref name="Forbes">https://www.forbes.com/sites/phillempert/2017/02/01/food-deflation-is-changing-the-face-of-retail/#2818fc3326ec</ref> Retail grocers lost in value despite increases in the stock market overall, including [[Wal-Mart]]. "Kroger, Whole Foods Market, Sprouts Farmers Market, and Supervalu lost 17%, 29%, 8%, and 31% of their respective value" in 2016.<ref name="Forbes"/>
Food deflation was rampant in 2016, due to increases in supply and low-cost competition.<ref name="Forbes">https://www.forbes.com/sites/phillempert/2017/02/01/food-deflation-is-changing-the-face-of-retail/#2818fc3326ec</ref> Retail grocers lost in value despite increases in the stock market overall, including [[Wal-Mart]]. "Kroger, Whole Foods Market, Sprouts Farmers Market, and Supervalu lost 17%, 29%, 8%, and 31% of their respective value" in 2016.<ref name="Forbes"/>
=== China's major economic crisis putting deflationary pressure on its economy ===
Presently, [[communism|communist]] China is facing multiple crisis with the three major crisis below being signs of growing [[deflation]]ary pressures on their economy:
*[[Chinese real estate crisis (2020–present)]]
*[[Chinese stock markets|Chinese stock markets crisis]] (Since 2021, China’s stock markets have lost about $7 trillion in value.<ref>[https://www.marketplace.org/2024/02/06/why-chinas-stock-market-struggling/ What’s going on with China’s stock market?], MarketPlace.org</ref>)
*[[Youth unemployment in China]]
== See also ==
== See also ==