A recession is when an economy grows negatively for two straight quarters.
Eg, negative growth from Jan to March as well as April to June.
A recession is a time when economic output has fallen and demand is lower.
In such times, inflation also slows down - so things usually get cheaper or don't become expensive.
But it depends.
If the cause of recession is rising input costs like crude oil, then there can be high inflation along with a recession.
Many central banks tend to print money to combat a recession. In such cases also, inflation is possible.
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