.........A slowing rate of inflation is termed as disinflation. Inflation means the general rise in the price level in an economy. Disinflation is the deceleration in the pace of inflation or price rise. It is important to note that disinflation is different from deflation. Deflation is a state of continuous fall in the level of prices. So when policymakers talk about disinflation, it does not mean that the prices will fall. It simply means that prices will rise at slower pace. There is a difference...................
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