deflation

Meanings

Plural: deflations

Noun

• (geology) the erosion of soil as a consequence of sand and dust and loose rocks being removed by the wind
  • "a constant deflation of the desert landscape"
• a contraction of economic activity resulting in a decline of prices
• the act of letting the air out of something
• An act or instance of deflating.
• A decrease in the general price level, that is, in the nominal cost of goods and services as well as wages.
• An economic contraction.
• The removal of soil and other loose material from the ground (or another surface) by wind, leaving it exposed to erosion.

Antonyms

disinflation, inflation

Related Words

disinflation