inlagation

/ɪnˈflætʃən/

Definitions

1. noun

a sustained increase in the general price level of goods and services in an economy over time, resulting in a decrease in the purchasing power of money

“The country’s economy experienced rapid inflation due to a shortage of skilled labor.”

2. noun

the act of inflating or the state of being inflated

“The surgeon warned the patient about the risks of pulmonary inflation during the surgery.”

3. verb

to increase the price or cost of something, especially rapidly

“The company’s profits inflated due to the new tax laws.”

4. verb

to make something swell or become larger

“The balloon inflated quickly when the child blew into it.”

Synonyms

  • cost of living increase
  • price increase

Antonyms

  • deflation
  • depreciation