📈inflation

noun
/ɪnˈfleɪʃən/

Meaning

A general increase in prices and fall in the purchasing value of money.
The general increase in prices and fall in the purchasing value of money in an economy over time.

Example Sentences

The government is taking steps to control inflation.

Inflation erodes the purchasing power of consumers.

High inflation reduces the value of money over time.

Example Expressions

rising inflation

Synonyms

price rise, cost increase, devaluation, economic growth, price increase, cost escalation, currency devaluation
Entry 1
price rise, cost increase, devaluation, economic growth
Entry 2
price rise, cost increase
Entry 3
price increase, cost escalation, currency devaluation

Antonyms

deflation, stability, decrease, price stability, cost reduction
Entry 1
deflation, stability
Entry 2
deflation, decrease
Entry 3
deflation, price stability, cost reduction

Collocations

high inflation, rising inflation, inflation rate, inflation control

More Example Sentences

Simply put, inflation means the purchasing power of your money decreases.

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