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TOEFL IELTS BNC: 2030 COCA: 3197

inflation

noun

in·​fla·​tion in-ˈflā-shən How to pronounce inflation (audio)
1
: an act of inflating : a state of being inflated: such as
b
: a hypothetical extremely brief period of very rapid expansion of the universe immediately following the big bang
c
: empty pretentiousness : pomposity
2
: a continuing rise in the general price level usually attributed to an increase in the volume of money and credit relative to available goods and services

Example Sentences

the inflation of a balloon The government has been unable to control inflation. The rate of inflation is high.
Recent Examples on the Web Factors influencing that include Federal Reserve policy and the trajectory of both inflation and the overall economy. Andrew Khouri, Los Angeles Times, 15 Sep. 2022 Biden also knew a stoppage could worsen the dynamics that have contributed to soaring inflation and created a political headache for the party in power. Josh Funk, Josh Boak And Zeke Miller, Anchorage Daily News, 15 Sep. 2022 As inflation leads households to tighten their entertainment and travel budgets, many are forgoing trips to museums and cultural institutions, where tickets can often top $25 per person. Harriet Baskas, NBC News, 15 Sep. 2022 The Federal Reserve began raising interest rates this year to knock down inflation. Trevor Fraser, Orlando Sentinel, 15 Sep. 2022 Even as gas prices have waned, the resulting inflation hasn’t yet cooled. William Thornton | Wthornton@al.com, al, 15 Sep. 2022 How much do Marion County homeowners generally owe? Record-high inflation has stretched families’ budgets. The Indianapolis Star, 15 Sep. 2022 FOX Business host Maria Bartiromo warned that Democrats' continued spending on things like student loans, infrastructure and a possible deal with rail unions is fueling red-hot inflation. Fox News Staff, Fox News, 15 Sep. 2022 The White House is clearly worried that any disruption in supply chains just weeks before the November midterm elections could anger consumers, who are already facing the highest inflation in 40 years. David Koenig, Chron, 15 Sep. 2022 See More

Word History

First Known Use

14th century, in the meaning defined at sense 1

Time Traveler
The first known use of inflation was in the 14th century

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