I think it means the rate of decline in the economy, which during late last year and the first quarter of this year was like a free-fall, is definitely slowing down.

我认为，这表示，经过去年年底和今年第一季度自由落体式的经济下滑后，现在经济衰退的速度绝对是放慢了。

youdao

Applications for student visas from India have gone into free-fall-down by 46% between July and October compared with the same period the previous year.

印度留学生的签证申请量大幅下降——7月和9月的申请量和去年同期相比下降了46%。

youdao

Applications for student visas from India have gone into free-fall-down by 46% between July and October compared with the same period the previous year.

印度留学生的签证申请量大幅下降——7月和9月的申请量和去年同期相比下降了46%。

youdao