1. relating to or causing deflation in an economy
Usage: economics
2. tending to reduce prices, wages, or economic activity
Usage: economics

Examples

• The central bank’s deflationary policies helped control rising prices.
• High unemployment created deflationary pressure on wages.
• The recession had a deflationary effect on the housing market.
• Economists warned about the deflationary spiral threatening the economy.
• The government avoided deflationary measures that might worsen unemployment.
• Falling oil prices had a deflationary impact on consumer goods.