Moderate as in contraction A decrease in the general price level of goods and services in an economy, often accompanied by a reduction in economic activity, as in contraction. Clear All
2 Example Sentences Showcasing the Meaning of 'Deflation'
The country faced economic challenges due to deflation, causing prices to drop and businesses to struggle.
The news report highlighted the government's efforts to combat deflation and stimulate economic growth through various policies.
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