a decrease in the general price level of goods and services in an economy, resulting in an increase in the real value of money, the act or process of deflating something

Formal and Informal Expressions of deflation

In different contexts, you can replace 'deflation' with suitable alternatives. In a more formal setting, 'reduction, decrease' is apt. In informal speech or writing, 'drop, dip' is a commonplace synonym.

deflation: Explore its Definition & Usage

deflation Definition

1a decrease in the general price level of goods and services in an economy, resulting in an increase in the real value of money
2the act or process of deflating something

Using deflation: Examples

Take a moment to familiarize yourself with how "deflation" can be used in various situations through the following examples!

Example
The country is experiencing deflation due to decreased consumer spending.
Example
The government implemented policies to combat deflation.
Example
The balloon deflated quickly after it was punctured.
Example
He deflated the basketball with a needle.

deflation Synonyms and Antonyms

Synonyms for deflation

Antonyms for deflation

Phrases with deflation

price deflation
a decrease in the general price level of goods and services in an economy
Example
The country is experiencing price deflation due to decreased consumer spending.
asset deflation
a decrease in the value of assets such as stocks, real estate, and commodities
Example
The stock market crash resulted in asset deflation.
self-deflation
the act of intentionally reducing one's own importance or ego
Example
His self-deflation made him more approachable and likeable.

📌

Summary: deflation in Brief

Deflation [dɪˈfleɪʃən] refers to a decrease in the general price level of goods and services in an economy, leading to an increase in the real value of money. It can also mean the act of deflating something, as in 'He deflated the basketball with a needle.' Phrases like 'price deflation' and 'asset deflation' describe specific types of deflation, while 'self-deflation' refers to intentionally reducing one's own importance or ego.