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Inflation
/ɪnflˈeɪʃən/
/ˌɪnˈfɫeɪʃən/
Inflation
[NOUN]1
the condition in which a currency is losing its purchasing power and the prices generally increase
synonyms : rising prices
antonyms : deflation
3
lack of elegance as a consequence of being pompous and puffed up with vanity
4
(cosmology) a brief exponential expansion of the universe (faster than the speed of light) postulated to have occurred shortly after the big bang
Examples
1. Inflation was running at 26 per cent.
2. On the credit side, inflation has not risen this year.
3. Inflation will only get worse if the government doesn't do something right now to nip it in the bud.
4. The measures are irrelevant as far as inflation is concerned.
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