deflation rate
[/dɪˈfleɪʃən reɪt/]
nounpl: deflation rates
taxa de deflação
1. The percentage decrease in the general price level of goods and services in an economy over a specific period
The deflation rate reached 2% last quarter, indicating that prices fell significantly.
A taxa de deflação atingiu 2% no último trimestre, indicando que os preços caíram significativamente.
2. A measure of economic contraction where the purchasing power of currency increases due to declining prices
Central banks monitor the deflation rate closely as persistent deflation can harm economic growth.
Os bancos centrais monitoram atentamente a taxa de deflação, pois a deflação persistente pode prejudicar o crescimento econômico.
In Brazil, deflation is relatively uncommon compared to inflation, which has been a persistent economic concern. The concept of deflation rate is primarily used in academic and financial circles. In the USA, deflation is associated with economic crises (like the Great Depression), making it a serious concern for policymakers.
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