IPA: /dɪsɪnˈfleɪʃən/
KK: /dɪsɪnˈfleɪʃən/
A decrease in the rate of inflation, meaning that prices are still rising but at a slower pace than before.
The government implemented policies to encourage disinflation in the economy.
Disinflation is formed from "dis-" (meaning apart or away) and "inflation" (from Latin "inflatio", meaning to inflate or swell). The term describes a reduction in the rate of inflation, indicating a movement away from rising prices.
Think of 'dis-' meaning 'away' and 'inflation' as 'swelling' of prices — disinflation means moving away from the swelling of prices.