What is the definition of Price stability? | Dictionary.net

PRICE STABILITY

\pɹˈa͡ɪs stəbˈɪlɪti], \pɹˈa‍ɪs stəbˈɪlɪti], \p_ɹ_ˈaɪ_s s_t_ə_b_ˈɪ_l_ɪ_t_i]\

Definitions of PRICE STABILITY

1910 - Black's Law Dictionary (2nd edition)

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A market situation wherin the price of a good in demand has a slow response to changes in level of demand. In some cases, the change is almost negligible. Inflation and Unemployment play a major role in price stability.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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