deflationde‧fla‧tion /diːˈfleɪʃən/ noun [uncountable] technical - Governments responded to the profits squeeze and loss of competitiveness by deflation and incomes policies.
- In fact, because of deflation, the wages of those working actually went up, in effect.
- Obviously a process of balanced deflation would entail no alteration of the real wage rate.
- Phases of weathering, drying and deflation would lead to a steady deepening of the hollow.
- The authorities have been struggling to deal with the problems of debt deflation for just over 11 years now.
- The nominal stock of money, M 1, is assumed to remain unchanged in the face of balanced deflation.
NOUN► price· In the original neoclassical synthesis the practical relevance of a process of price deflation for establishing full employment was regarded as minimal.· Fierce price deflation, increased competition and rising costs have combined to depress profits.
adjectiveinflatableinflatedinflationarydeflationaryreflationarynouninflationinflatabledeflationreflationverbinflatedeflatereflate