Disinflation
(noun)
A decrease in the rate of increase of prices in an economy, resulting in a slower rise of prices over time.
Origin:
From the latin word 'dis-' meaning 'reverse' or 'opposite' and the word 'inflation' meaning 'a rise in prices'.
Examples:
- The government's monetary policy aimed at promoting disinflation.
- Disinflation has a positive impact on the economy by reducing inflationary pressures.
- The disinflation was a result of a decrease in demand for goods and services.
- The central bank's decision to raise interest rates contributed to the disinflation.
- The disinflation allowed for a more stable growth of the economy.