[{"data":1,"prerenderedAt":61},["ShallowReactive",2],{"term:deflation":3},{"term":4,"related":48},{"id":5,"title":6,"body":7,"category":27,"description":28,"extension":29,"faq":30,"meta":34,"navigation":35,"path":36,"related":37,"seo":41,"stem":42,"takeaways":43,"__hash__":47},"terms\u002Fterms\u002Fdeflation.md","Deflation",{"type":8,"value":9,"toc":22},"minimark",[10,15,19],[11,12,14],"h2",{"id":13},"understanding-deflation","Understanding Deflation",[16,17,18],"p",{},"Deflation is the opposite of inflation: money buys more over time. It sounds good for shoppers, but widespread deflation can hurt an economy.",[16,20,21],{},"When people expect prices to keep falling, they delay purchases, and debts become heavier in real terms. Lower spending can push prices and wages down further, a cycle known as a deflationary spiral.",{"title":23,"searchDepth":24,"depth":24,"links":25},"",2,[26],{"id":13,"depth":24,"text":14},"economy","A sustained fall in the general level of prices.","md",[31],{"q":32,"a":33},"Is deflation the same as disinflation?","No. Disinflation means inflation is slowing, but prices are still rising. Deflation means prices are falling.",{},true,"\u002Fterms\u002Fdeflation",[38,39,40],"inflation","recession","consumer-price-index",{"title":6,"description":28},"terms\u002Fdeflation",[44,45,46],"Deflation is a sustained decline in the general price level.","It raises the real burden of debt.","Central banks aim for low positive inflation partly to avoid it.","y6wc7ffcoSgPCWjHGrNjCY9eMqWQLzhO77pFB653jtU",[49,53,57],{"title":50,"description":51,"path":52},"Consumer Price Index (CPI)","A measure of the average change in prices paid by consumers for a basket of goods and services.","\u002Fterms\u002Fconsumer-price-index",{"title":54,"description":55,"path":56},"Inflation","The rate at which the general level of prices rises, eroding purchasing power.","\u002Fterms\u002Finflation",{"title":58,"description":59,"path":60},"Recession","A significant, widespread decline in economic activity lasting more than a few months.","\u002Fterms\u002Frecession",1793374004940]