If the CPI were to decline from 145.7 to 143.9,this would be an example of

A) disinflation.
B) deflation.
C) both disinflation and deflation.
D) neither disinflation nor deflation.

Consumer Price Index

A metric that investigates the aggregate average cost of a selection of consumer products and services, covering areas such as transportation, food, and medical services.

Disinflation

A slowdown in the rate of inflation, indicating a decrease in the pace at which prices are rising.

Deflation

A decrease in the general price level of goods and services, often indicating a reduction in the supply of money or credit in the economy.