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"the price decrease" is correct and usable in written English.
It can be used to refer to an occurrence where the price of something has gone down. For example: "The price decrease made the car more affordable for many potential buyers."
Exact(17)
The price decrease was in part a response to other small businesses also promising to stem the tide of waste while contributing to environmental causes.
"With rare exceptions, the volume increase in the short term is never enough to pay for the price decrease," he told shareholders in 2005.
An optimist might hope that the price decrease reflects some victories — energy efficiency and new policy decisions in China, for example (an actual piece of biggish good news) — but it also, as Michael Specter wrote recently, offers the possibility that businesses will have less of an inducement to look for alternatives as the planet gets hotter.
If the product manager in a consumer packaged goods company is focused on gaining market share within her category (perhaps because her bonus is predicated on that), a low-price attack by a competitor is likely to trigger a price decrease for her own product, even if the profit suffers more from the price decrease than from the market-share loss.
Microsoft VP of the Xbox Product Group Todd Holmdahl mentioned the price decrease to Reuters.
But the price decrease also illustrates how fierce competition is getting.
Similar(43)
If the price decreases enough, production of the expensive unconventional resources is no longer profitable".
The yield on the 30-year bond increased to 5.23percentt, from 5.22percentt, while the price decreased 3/32, to 102 7/32.
The note's yield, which moves in the opposite direction from the price, decreased to 4.11percentt, from 4.15percentt on Monday.
He described the price decreases, ranging from 1 to 20 percent, as "stable pricing".
However, the buyer base in New Jersey has not decreased as it has in other states, Mr. Welk said, and more horses are on the market, which could explain some of the price decreases.
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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