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Answer for the clue "A reduction of prices intended to improve the balance of payments ", 12 letters:
disinflation

Word definitions for disinflation in dictionaries

Wiktionary Word definitions in Wiktionary
n. 1 (context economics English) A decrease in the inflation rate. 2 (context economics English) deflation

The Collaborative International Dictionary Word definitions in The Collaborative International Dictionary
disinflation \disinflation\ n. a reduction in the rate of price increases; a lessening of inflationary pressure. a reduction of the value of a currency in international exchange markets caused by a government; -- usually done as a means to improve the country's ...

WordNet Word definitions in WordNet
n. a reduction of prices intended to improve the balance of payments [ant: inflation , deflation ]

Wikipedia Word definitions in Wikipedia
Disinflation is a decrease in the rate of inflation – a slowdown in the rate of increase of the general price level of goods and services in a nation's gross domestic product over time. It is the opposite of reflation . Disinflation occurs when the increase ...