deflation

noun

de·​fla·​tion di-ˈflā-shən How to pronounce deflation (audio)
ˌdē-
1
: an act or instance of deflating : the state of being deflated
2
: a contraction in the volume of available money or credit that results in a general decline in prices
3
: the erosion of soil by the wind
deflationary adjective

Examples of deflation in a Sentence

Economists worry that deflation will bring the country into recession.
Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Although there is deep sadness and anger over Charlies’ death, now is not the time for deflation. Letters To The Editor, Oc Register, 11 Sep. 2025 Adek Berry | Afp | Getty Images China's consumer prices fell more than expected in August while deflation in wholesale prices persisted, as calls mounted for Beijing to ramp up measures to bolster sluggish domestic demand and cushion weakening exports growth. Anniek Bao, CNBC, 10 Sep. 2025 China’s falling consumer prices deepen deflation fears New data in China intensified fears of deepening deflation in the world’s second-biggest economy. Jeronimo Gonzalez, semafor.com, 10 Sep. 2025 After decades of deflation, the cost of living has steeply increased, becoming the number one issue for most voters, whose real wages are being eaten away by a depreciating yen and a 3.7 percent inflation rate. Mireya Solís, Foreign Affairs, 1 Sep. 2025 See All Example Sentences for deflation

Word History

First Known Use

1891, in the meaning defined at sense 1

Time Traveler
The first known use of deflation was in 1891

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Cite this Entry

“Deflation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/deflation. Accessed 15 Sep. 2025.

Kids Definition

deflation

noun
de·​fla·​tion di-ˈflā-shən How to pronounce deflation (audio)
ˈdē-
1
: an act or instance of deflating : the state of being deflated
2
: a reduction in the volume of available money or credit resulting in a decline of the general price level
deflationary adjective
Last Updated: - Updated example sentences
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