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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.
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|Adj.||1.||deflationary - associated with or tending to cause decreases in consumer prices or increases in the purchasing power of money; "deflationary measures"|
economic science, economics, political economy - the branch of social science that deals with the production and distribution and consumption of goods and services and their management
inflationary - associated with or tending to cause increases in inflation; "inflationary prices"