<p dir="ltr"><strong><span style="font-size:16ptpx"><span style="color:#000000"><span style="background-color:#ffffff">Deflation is the opposite of inflation. It is the decrease in the price of a basket of goods and services. Deflation happens when the annual inflation rate turns negative. Such event is usually brought by a reduction in the money supply and/or credit.</span></span></span></strong></p>