Also found in: Thesaurus, Medical, Legal, Financial, Encyclopedia, Wikipedia.


1. The act of deflating or the condition of being deflated.
2. A persistent decrease in the level of consumer prices or a persistent increase in the purchasing power of money.
3. The lifting and removal of small, loose particles, especially silt and clay particles, by eddies of wind.

de·fla′tion·ar′y (-shə-nĕr′ē) adj.
de·fla′tion·ist n.


[diːˈfleɪʃənɪst] ADJdeflacionista
References in periodicals archive ?
Cyprus annual harmonized inflation in August marked a significant decline, showing deflationist tendencies due to the continuing economic downturn.
A deflationist says that "reality lacks ontological structure" (v), and (some of) the ontological debates are not substantive.
The deflationist school has primarily two arguments.
They are all going short, but I've been a deflationist for a while.
But this favorite international position of the economy did not compensate for the deflationist effect of weak mass consumption and the comparatively high savings of the private households.
2) Others, such as Tarski's semantic theory, (3) Ramsey's "redundancy" theory, (4) and the contemporary deflationist, minimalist, disquotationalist, and prosententialist theories that are their descendants, (5) don't require such an elaborate ontological apparatus.