deflation
/dɪˈfɫeɪʃən/
a general decrease in prices
deflation in a sentence
“Japan experienced deflation in the 1990s.”
Origin of deflation
From de- down + inflation
Related Words
recession
a significant decline in economic activity lasting months
fiscal policy
government spending and taxation decisions
monetary policy
central bank actions affecting money supply and interest rates
aggregate demand
total demand for goods and services in an economy
multiplier effect
the amplified impact of spending through successive rounds
stagflation
stagnant growth combined with high inflation