"modest dip" is correct and can be used in written English.
You can use it to describe a slight decrease in something, such as a dip in the stock market or decrease in temperature. For example, "The stock market experienced a modest dip today, dragging the Dow Jones Industrial Average down slightly."
Under these conditions, the mortgage market can be particularly vulnerable to even a modest dip in house prices and rise in interest rates.
There was a similar modest dip in confidence about revenue prospects for the next three years (from 96% in 2018 to 90% in 2019 in the UK).
Still, if investors really thought the Saudi regime was vulnerable, the market gyrations that could follow would make the latest falls look like a modest dip.
That was a modest dip considering that stock futures were down sharply on Sunday night, hinting at a darker opening session than the one that resulted.
Indeed, most recent statistics point to an accelerating economy after a modest dip in output growth to 3.4percentt in the second quarter, from 3.8percentt in the first three months of the year.
AS the economic boom keeps rolling across New Jersey, so does the march of hotels, despite a modest dip in occupancy rates and a supply that is growing faster than the demand for rooms.
Parents hope to transform even modest dips before a child's record is irrevocably scarred.
American fertility plummeted during the Great Depression, and more recent downturns have produced modest dips as well.
"It makes them say, gee, we're right back into the territory of the 1980 , 1981twin recessions" — and past the more modest dips of the early 2000s and 1990s.
What they show is a marked deterioration that is unlikely to be offset by modest dips in inflation like the one we saw in February.
The Smurfs' box-office rose 2% on the previous weekend, while the rest saw only modest dips: Mr Popper's Penguins (-3%), Spy Kids 4 (-14%), Cars 2 (-19%) and Horrid Henry (-26%).
