deflation
US /dɪˈfleɪ.ʃən/
UK /dɪˈfleɪ.ʃən/

1.
通貨緊縮
a reduction in the general level of prices in an economy
:
•
The country is currently experiencing a period of economic deflation.
該國目前正經歷經濟通貨緊縮時期。
•
Central banks often try to prevent severe deflation.
中央銀行通常會努力防止嚴重的通貨緊縮。