What is the antonym of “inflation”?
The antonyms of inflation are deflation and recession. The antonyms deflation and recession convey a negative economic state. It implies a decrease in the general price level of goods and services or a decline in economic activity.
Brief Definitions of the Antonym(s)
Learn when and how to use these words with these examples!
A decrease in the general price level of goods and services, often accompanied by a contraction in economic activity.
The country's economy was in a state of deflation due to a decrease in consumer spending.
A period of temporary economic decline, typically characterized by a decrease in GDP, employment, and trade.
The global financial crisis of 2008 led to a severe recession that lasted for several years.
How are these antonyms different from each other?
- 1Deflation refers to a decrease in the general price level of goods and services, while inflation refers to an increase.
- 2Recession refers to a temporary economic decline, while inflation can be a long-term economic trend.
Good things to know
- 1Economic Discussions: Use these antonyms to discuss economic trends and their impact on society.
- 2Investment Planning: Incorporate these antonyms in investment planning to make informed decisions.
- 3News Reports: Utilize these antonyms in news reports to explain economic developments to a wider audience.