Translation of "deflation" into Norwegian

deflasjon is the translation of "deflation" into Norwegian.

deflation noun grammar

(economics) A decrease in the general price level, that is, in the nominal cost of goods and services as well as wages. [..]

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English-Norwegian dictionary

  • deflasjon

    noun

    decrease in the general price level of goods and services

    To control deflation, which is the phenomenon of falling wages and prices, the government would simply spend more money into existence

    For å kontrollere deflasjon, som tilsvarer fenomenet av fallende arbeidslønn og priser, kunne myndighetene simpelt legge inn flere penger i systemet

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