Deflation is an economic phenomenon characterized by a general decline in prices for goods and services. Unlike inflation, where prices rise, deflation can lead to a decrease in consumer spending ...

Mario Tama / Getty Images Deflation is when prices decrease over time. It stands in contrast to inflation, which is when prices rise. Deflation can be driven by many different factors, including ...

The second graph, in which the slope of the line actually becomes negative, illustrates a period of deflation. Recessions (or more minor economic contractions) can also lead to disinflation as ...

China is experiencing a spell of deflation, or falling prices, that contrasts with inflationary pressures prevailing elsewhere in the world. Cheaper prices can be a blessing for some, but ...