Reflation
From Reuters Financial Glossary
the period following a period of deflation where the general price level of goods and services is again increasing.
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Origins
According to Steve Saville, in an editorial for SafeHaven (http://www.safehaven.com) titled The Most Misleading Words [1] (http://www.safehaven.com/article-4609.htm) the word reflation became especially popular during the final quarter of 2002 and throughout 2003 when the rallies in stock and commodity prices came to be termed "the reflation trade".
See also: Deflation, Disinflation, Inflation, Stagflation
