What means http header "CONTENT-ENCODING: deflate"

Hello!

I do some http get request. And this is its response

+----------------- general information ---------------
|      oref value: 5
|      class name: %Net.HttpResponse
| reference count: 3
+----------------- attribute values ------------------
|    ContentBoundary = ""
|        ContentInfo = ""
|      ContentLength = 1220
|        ContentType = "text/json"
|               Data = "6@%Stream.GlobalBinary"
|Headers("ACCEPT-RANGES") = "bytes"
|Headers("CONTENT-ENCODING") = "deflate"
|Headers("CONTENT-LENGTH") = 1220
|Headers("CONTENT-TYPE") = "text/json"
|    Headers("ETAG") = """4BF7C3AB"""
|Headers("LAST-MODIFIED") = "Wed, 19 Jun 2019 12:56:33 GMT"
|  Headers("SERVER") = "lw-http 1.03 (32-bit)"
|        HttpVersion = "HTTP/1.1"
|       ReasonPhrase = "OK"
|         StatusCode = 200
|         StatusLine = "HTTP/1.1 200 OK"
+-----------------------------------------------------

As far as I understand, header Headers("CONTENT-ENCODING") = "deflate" means that content of the response is compressed?

If so, how I can decompress it?