Meaning of “disinflation” in the English Dictionary

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"disinflation" in Business English

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disinflationnoun [ U ]

uk /ˌdɪsɪnˈfleɪʃən/ us ECONOMICS

a situation in which a country's prices go down, or do not go up as quickly as before:

He told clients that disinflation could result in one or two quarters of flat or even negative economic growth.

(Definition of “disinflation” from the Cambridge Business English Dictionary © Cambridge University Press)