Deflation
Decrease in the general price level
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- Economy (1)
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🏷️ Keywords
China (1) · Deflation (1) · CPI (1) · PPI (1) · Producer prices (1) · Consumer inflation (1) · Beijing (1) · Economic stimulus (1)
📖 Key Information
In economics, deflation is an increase in the real value of the monetary unit of account, as reflected in a decrease in the general price level of goods and services exchanged, measurable by broad price indices.
Deflation occurs when the inflation rate falls below 0% and becomes negative. While inflation reduces the value of currency over time, deflation increases it.
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People and organizations frequently mentioned alongside Deflation:
- 🌐 China (1 shared articles)
- 🌐 Consumer price index (1 shared articles)
- 🌐 PPI (1 shared articles)