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In economics, deflation is a decrease in the general price level o guids an services.[1] Deflation occurs whan the inflation rate faws ablo 0% (a negative inflation rate).

References[eedit | eedit soorce]

  1. Robert J. Barro an Vittorio Grilli (1994), European Macroeconomics, chap. 8, p. 142. ISBN 0-333-57764-7