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Definitions of deflation
  1. noun
    a contraction of economic activity resulting in a decline of prices
    type of:
  2. noun
    (geology) the erosion of soil as a consequence of sand and dust and loose rocks being removed by the wind
    "a constant deflation of the desert landscape"
  3. noun
    the act of letting the air out of something
    Opposite:
Explanation of deflation
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