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inflation - definition and synonyms

 
 
 
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noun [uncountable] inflation pronunciation in British English /ɪnˈfleɪʃ(ə)n/
  1. 1
    economics an economic process in which prices increase so that money becomes less valuable
    Your pension is protected against inflation.
    inflation rate/rate of inflation: The inflation rate is 3.2%.
    high/low inflation: countries with persistently high inflation
    inflation rises/falls: Inflation has risen for the fourth month running.
    in line with inflation (=increasing when inflation increases): They had expected a pay rise in line with inflation.

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