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🌐 Entity
Deflation
Decrease in the general price level
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1 news mentions · 👍 0 likes · 👎 0 dislikes
📌 Topics
- Monetary Policy (1)
- Fiscal Strategy (1)
- Economic Recovery (1)
- Inflation Control (1)
🏷️ Keywords
IMF (1) · Japan interest rates (1) · Sales tax policy (1) · Inflation control (1) · Economic recovery (1) · Monetary tightening (1) · Wage growth (1) · Fiscal policy (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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