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Episode details

World Service,13 Jan 2015,18 mins

Deflation Danger for the Euro?

Business Daily

Available for over a year

The spectre of falling prices: some at the European Central Bank are worried. But does current deflation really spell disaster? Two experts, Bilal Hafeez from Deutsche Bank and Alastair Winter, chief economist at the investment bank Daniel Stewart and Co, debate the risks and the opportunities presented by falling consumer prices across the eurozone. Also in the programme, Mike Wright, executive director of Jaguar Land Rover, explains why his company is defying the gloom, selling more cars than ever before. And lotus-positions everyone - yoga goes global. But is one of India's top spiritual exports being distorted by the hard sell? The BBC's Rahul Tandon reports from Mumbai. (Photo: Winter sales in Lyon. Credit: Jeff Pachoud/AFP/Getty Images)

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