deflation
Translation
deflation
Examples
The country is experiencing a period of deflation.
The country is experiencing a period of deflation.
Deflation can lead to lower production and unemployment.
Deflation can lead to lower production and unemployment.
Grammar Patterns
((a period of)) deflation The economy entered a period of deflation.
Similar Words
Synonyms: contraction, depression; Antonyms: inflation
Etymology
From the prefix 'de-' (down, away) and 'flation' (from Latin 'flare', to blow). Literally 'a blowing down'.
Memory Tips
Think of a balloon 'deflating' (getting smaller). Similarly, in deflation, the economy or price levels are shrinking.