通貨 つうか収縮 しゅうしゅくじゃなかったです
tsūkashūshukujanakattadesu

Noun
Desu Copula

The polite, past negative form of 通貨収縮

1. Wasn't deflation.; Wasn't monetary contraction.

Past/Perfective
Negative
Polite
Casual Register