This is the 495th most frequent Russian word.
снижение
Reduction; decrease.
Here, 'снижение' is used to refer to a decrease or reduction in economic terms, describing the lowering of prices.
Снижение цен на продукты радует покупателей.
The decrease in food prices pleases customers.
In this example, 'снижение' is used in a technical or environmental context, indicating a lessening of intensity.
После вмешательства специалистов было замечено снижение уровня шума.
After the intervention of specialists, a reduction in noise level was observed.
This sentence illustrates the usage of 'снижение' in a traffic context, where it refers to reducing the pace or speed to ensure safe conditions.