a decrease in prices

USAGE SUMMARY

The phrase "a decrease in prices" is correct and usable in written English.
It can be used when discussing economic trends, market conditions, or financial reports. Example: "The recent economic downturn has led to a decrease in prices across various sectors."

✓ Grammatically correct

Economics

Business

Finance

Human-verified examples from authoritative sources

Exact Expressions

12 human-written examples

Despite a decrease in prices in late 2008, food costs continued to be high.

Encyclopedia Britannica

Using a differences-in-differences strategy, we find that these regulatory actions were associated with a decrease in prices of between 9% and 15%.

Stanford University

With improvements in technology and ease of camera use, along with a decrease in prices for cameras, more enthusiasts moved into the business.

The New York Times

The jump did not appear to be connected to "any particular outside influence," nor did it contribute to a decrease in prices on luxury properties, according to Anthony P. Cutugno, director of Houlihan/Lawrence's Luxury Country Properties division.

The New York Times

Since the summer, Fed officials have grown increasingly worried that the United States could slip into deflation, a decrease in prices of the kind that has bedeviled Japan since the late 1990s.

The New York Times

This again can be achieved either by an increase in earnings or a decrease in prices over these timeframes.

Forbes

Human-verified similar examples from authoritative sources

Similar Expressions

48 human-written examples

For some goods, such a decrease in price wouldn't make that much difference to how much you use.

The Guardian

The preponderance of the evidence seems to indicate that a decrease in price is likely to increase purchasing, and that, in turn, will probably increase consumption, at least a little.

The Washington Post

Wines with larger production and rosé wines are associated with a decrease in price.

Agricultural and Food Economics

Microsoft marked the occasion with a decrease in pricing for cloud services and virtual instances, ranging from 21 to 33percentt.

TechCrunch

First, the addition of SO2 is generally associated with a decrease in price for red wines that are intended to be consumed immediately.

Agricultural and Food Economics

Expert writing Tips

Best practice

When discussing economic policy or market trends, use "a decrease in prices" to maintain a neutral and objective tone. This phrase is widely understood in financial and business contexts.

Common error

While grammatically correct, using "a decrease in prices" in casual conversation can sound overly formal. In informal settings, consider using simpler alternatives like "prices dropped" or "things got cheaper" for better communication.

Linguistic Context

The phrase "a decrease in prices" functions primarily as a noun phrase, often serving as the subject or object of a sentence. Ludwig confirms its proper usage in various contexts, referring to the reduction in the cost of goods or services.

Expression frequency: Uncommon

Frequent in

News & Media

32%

Science

24%

Formal & Business

14%

Less common in

Academia

8%

Encyclopedias

7%

Wiki

7%

Ludwig's WRAP-UP

In summary, the phrase "a decrease in prices" is a grammatically correct and commonly used term to describe a reduction in the cost of goods or services. According to Ludwig AI, it functions as a noun phrase and serves to inform about economic changes. While its register is generally neutral, simpler alternatives might be more suitable for informal conversations. The examples curated by Ludwig indicate that this phrase is most frequently encountered in news, scientific, and formal business contexts. To ensure clear and effective communication, consider the context and audience when using "a decrease in prices", and explore synonyms like "price reduction" or "drop in prices" for variations.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

Price reduction

A more concise term emphasizing the action of reducing prices.

Drop in prices

Informal language suggesting a sudden fall in prices.

Decline in prices

Formal term indicating a gradual lowering of prices.

Fall in prices

Neutral term signifying a lowering of prices.

Lowering of prices

Highlights the act of making prices lower.

Price deflation

Economic term referring to a sustained decrease in the general price level.

Reduction in costs

Focuses on the cost aspect, not just the listed price.

Price erosion

Suggests a gradual and unwanted decrease in prices, often due to market forces.

Weakening of prices

Implies prices are losing strength or stability.

Discounted prices

Focuses on prices that have been intentionally lowered for a specific period or reason.

FAQs

What does "a decrease in prices" mean in economics?

In economics, "a decrease in prices" signifies a reduction in the average level of prices for goods and services within a specific market or economy. This can be due to various factors such as increased supply, decreased demand, or changes in production costs. The opposite of this scenario is called "a rise in prices".

How does "a decrease in prices" affect consumers?

Generally, "a decrease in prices" benefits consumers by increasing their purchasing power. They can buy more goods and services with the same amount of money. However, in some cases, it may signal economic problems like deflation, which can lead to decreased spending and investment.

What are some common causes of "a decrease in prices"?

Several factors can lead to "a decrease in prices", including increased competition among sellers, technological advancements that lower production costs, government subsidies, or a decrease in consumer demand. A surplus of goods can also trigger "a decrease in prices".

Are there situations where "a decrease in prices" is bad for businesses?

Yes, if businesses cannot adjust their costs accordingly, "a decrease in prices" can lead to reduced profits or even losses. This is especially true for industries with high fixed costs or those facing intense competition. In these cases, businesses may need to innovate or find ways to reduce their expenses to remain profitable.