1.   As in most deflationary periods, profitability did not rise immediately.

2.   In this deflationary period, the number of corporate bankruptcies is likely to increase, resulting in more unemployment if Prime Minister Junichiro Koizumi moves ahead with structural reforms.

3.   The only way to get out of a deflationary period is to contract the supply of goods.

4.   The worst financial crises in our history have been associated with deflationary periods.

5.   To be sure, some analysts said Canada can still escape a deflationary period.

6.   We are in a deflationary period.