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Economy & finance

Deflation

A sustained fall in the general level of prices. It sounds good but can hurt an economy, because people delay buying and debts become harder to repay.

Related termsDisinflationInflation

“Deflation” in our stories

EconomyIndia

How inflation is measured in India

The price indices behind the headline number, the RBI’s 4% target, and why your own costs can rise faster — or slower — than the official figure.

·Rational Times Explainers·2 min read