ELI5: Explain Like I'm 5

Disinflation

Disinflation is when prices stop rising so quickly. For example, if the prices of things like food and clothes go up over time, that's inflation. But if those prices stop going up so quickly, and maybe even go down a bit, that's disinflation. It's like when a balloon that has been filled with air starts to get less full over time.
Related topics others have asked about: