Meaning of the word deflation in English

What does deflation mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

deflation

US /dɪˈfleɪ.ʃən/

UK /dɪˈfleɪ.ʃən/

a reduction in the general level of prices in an economy

Example:

•

The country is currently experiencing a period of economic deflation.

•

Central banks often try to prevent severe deflation.

Synonym:

inflation

the action or process of deflating or being deflated

Example:

•

The rapid deflation of the balloon caused a loud pop.

•

The engineer checked the tire pressure for any signs of deflation.

Synonym:

inflation inflation

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