de·​fla·​tion | \ di-ˈflā-shən How to pronounce deflation (audio) , ˌdē- \

Definition of deflation

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

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Other Words from deflation

deflationary \ di-​ˈflā-​shə-​ˌner-​ē How to pronounce deflation (audio) , ˌdē-​ \ adjective

Examples of deflation in a Sentence

Economists worry that deflation will bring the country into recession.
Recent Examples on the Web While the observation may not be fashionable in Washington, gentle deflation would benefit many consumers and businesses. Eric Grover, National Review, 17 Aug. 2021 Law enforcement tried to maneuver the car to a stop and used a tire deflation device before the vehicle left the road, crossing oncoming lanes of traffic and crashing through a barrier before coming to rest on Proctor Avenue NW. Rochelle Olson, Star Tribune, 29 May 2021 Bentley also says the lightweight, rigid material makes the Bentayga more nimble, reduces tire wear, and prevents rapid tire deflation in the event of a severe impact to the wheels. Caleb Miller, Car and Driver, 27 July 2021 Furthermore, the sunset provision could be coupled to a CBDC value-erosion function over time if deflation concerns would have marred a specific region. Frank Van Gansbeke, Forbes, 28 June 2021 They were first issued in 1969 when experts at the IMF feared that there would be a shortage of international reserves and a liquidity squeeze that would result in a worldwide deflation. Steve H. Hanke, National Review, 16 July 2021 Ted Wells’s report on the Dolphins’ bullying allegations was 144 pages, and his report into the Patriots’ alleged ball deflation was 243 pages., 3 July 2021 Restrictions imposed to stop the virus have translated into record deflation from Qatar to the UAE as social-distancing rules, job losses and the departure of foreign workers crushed consumer demand. Abeer Abu Omar,, 28 Aug. 2020 Everything important in the economy—inflation, deflation, unemployment—was a product of changes in the money supply, or expectations about changes in the money supply. Zachary D. Carter, The New Republic, 17 June 2021

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'deflation.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of deflation

1891, in the meaning defined at sense 1

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Time Traveler for deflation

Time Traveler

The first known use of deflation was in 1891

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Dictionary Entries Near deflation



deflationary gap

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Statistics for deflation

Last Updated

3 Sep 2021

Cite this Entry

“Deflation.” Dictionary, Merriam-Webster, Accessed 20 Sep. 2021.

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More Definitions for deflation



English Language Learners Definition of deflation

: a decrease in the amount of available money or credit in an economy that causes prices to go down
: the act or process of letting air or gas out of (something)


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