inflation (B2)
noun
Pronunciation: /ɪnˈfleɪʃn/
Definition
A general increase in prices and fall in the purchasing value of money.
Examples
The government is trying to control inflation by raising interest rates.
High inflation can make it difficult for people to afford basic necessities.
We are experiencing a period of significant economic inflation.
How to Use inflation
- inflation rate (collocation)
- The speed at which prices are rising, usually expressed as a percentage. — "The inflation rate decreased slightly last quarter."
- combat inflation (collocation)
- To take action to reduce or stop inflation. — "The government's new policy aims to combat inflation."
- cause inflation (collocation)
- To be the reason for an increase in prices. — "Some economists believe that excessive government spending can cause inflation."
Synonyms of inflation
Words with a similar meaning to inflation:
Antonyms of inflation
Words with the opposite meaning to inflation:
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