price slump
Frequency: 6.58.1 per million words
A sudden and significant fall in prices.
Categories:
Examples (10)
- The price of oil experienced a significant slump due to decreased demand.
- Analysts are predicting a major slump in housing prices next year.
- The company's profits took a slump after the price of its raw materials increased.
- There was a sharp slump in prices for agricultural products following a good harvest.
- The stock market experienced a slump, affecting the price of many shares.
- We are hoping to avoid a slump in prices by implementing new marketing strategies.
- The slump in prices made it difficult for small businesses to stay afloat.
- Economists are closely watching the price slump in the technology sector.
- A sudden slump in prices can be a sign of underlying economic instability.
- The price slump has led to widespread concerns about job losses in the industry.