Changes

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 ===

== 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:

Presently, [[communism|communist]] China is facing multiple crisis with the three major crisis below being signs of growing deflationary pressures on their economy:

*[[Chinese real estate crisis (2020–present)]]

*[[Chinese real estate crisis (2020–present)]]