deflation

noun/dɪˈfleɪʃən/

Frequency rank: #13,895 of 20,003 in the WORDED list (wordfreq data)

Meaning

a general decrease in the price level of goods and services in an economy over time.

Illustration for the English word “deflation”

Example sentence

The country experienced severe deflation after the financial crisis, causing prices to fall dramatically.

Synonyms & related words

More words in ranks 13,801–13,900