Expert as in comedown A decrease in the general price level of goods and services in an economy, often leading to negative effects such as reduced consumer spending and economic downturns. Clear All
2 Example Sentences Showcasing the Meaning of 'Deflation'
The government implemented policies to counter the deflationary pressures on the economy.
The financial experts analyzed the deflationary trends, providing insights into the potential long-term effects on the global economy.
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