Making matters worse, weak demand and debt overhangs are fueling concerns about deflation in the eurozone and Japan. Anticipating falling prices, households could postpone their consumption decisions, and companies could defer investment, pushing the economy into a downward spiral from which it would be very difficult to escape.
更糟糕的是，需求不振和债务积压正在助长欧元区和日本的通缩忧虑。家庭预料价格将下跌，因此可能推迟消费决策，公司也因此可能推迟投资，导致经济陷入非常难以摆脱的下跌螺旋。