What's it: Disinflation is a situation in which the price level increases at a slower rate of growth. In other words, inflation is still positive, but lower than the previous period. For example, suppose the inflation rate slowed from 3%
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What's it: Disinflation is a situation in which the price level increases at a slower rate of growth. In other words, inflation is still positive, but lower than the previous period. For example, suppose the inflation rate slowed from 3%