[adjective] [not gradable]Interest rates in the world economy are generally on a downward trend.At last inflation is on a downward path.The last few months have seen a downward pressure on salaries.The quarterly trend in America's external deficit is still downward.The country's economy is on a downward spiral (= getting worse quickly in a way that cannot be stopped).Compare upward.
DOWNWARD
Meaning of DOWNWARD in English
Cambridge English vocab. Кембриджский английский словарь. 2012