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Discover Ludwig"point reduction" is correct and usable in written English.
It is usually used to refer to a form of punishment or incentive in which points are either added or subtracted from a person's total score. For example: "The government has introduced a point reduction system to encourage safer driving.'.
Exact(30)
"Just a percentage point reduction would have a material impact on the total numbers.
Overall, 8.2% have achieved the A* grade – a 0.1 percentage point reduction on last year.
Personal incomes jumped 1 percent, reflecting the 2 percentage point reduction from the cut in Social Security taxes.
Deutsche Bank's analysts calculated that the two percentage point reduction in the corporation tax rate for 2012 will increase profits among the UK's big five banks by £1.16bn.
The minutes of the Bank of England's rate setting meeting earlier this month revealed it had considered cutting rates by more than the eventual 100 basis point reduction.
In a related action, the board of governors approved a 50 basis point reduction in the discount rate to 5percentt.
Similar(25)
The contract's price suggests that investors think a quarter-point reduction in the rate remains likely.
A weak jobs report today would improve odds for a half-point reduction.
The Fed's half-point reduction in the benchmark rate was the biggest in five years.
Analysts still expect a half-point reduction in British interest rates by mid-year.
The cut follows a 1.5 percentage-point reduction in June, and a 1 percentage-point cut in August.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com