deflation
B2CEFR level
40/100Rarity: uncommon
TechnicalRegister
A sustained fall in the general price level, which tends to depress spending as consumers delay purchases.
The central bank cut rates aggressively to fend off the risk of prolonged deflation.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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