deflation
(noun)
a decrease in the general price level of goods and services
Examples of deflation in the following topics:
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Growth Economics
- Inflation and Deflation can make it difficult to measure economic growth
- Inflation or deflation can make it difficult to measure economic growth.
- To express real growth rather than changes in prices for the same goods, statistics on economic growth are often adjusted for inflation or deflation.
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Making the Most of Committees
- The best way to prevent such deflating episodes is to follow up after each meeting with good records.
- The best way to prevent such deflating episodes is to follow up after each meeting with good records.