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The deflation was caused by the decrease in the production and distribution costs of goods.
en.wikipedia.org Moreover, the continued deleveraging of outstanding debts increases the rate of deflation.
en.wikipedia.org In a more direct sense, more bankruptcies also occurred due both to increased debt cost caused by deflation and the reduced demand.
en.wikipedia.org He famously quipped that price deflation can be fought by dropping money out of a helicopter.
en.wikipedia.org If a tubeless tire gets a small puncture, air escapes only through the hole, leading to a gentle deflation.
en.wikipedia.org