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Definition inflation in British English

inflation noun

[uncountable] noun
/ɪnˈfleɪʃ(ə)n/
1

an economic process in which prices increase so that money becomes less valuable

Example

Your pension is protected against inflation.

Example

The inflation rate is 3.2%.

Example

countries with persistently high inflation

Example

Inflation has risen for the fourth month running.

Example

They had expected a pay rise in line with inflation.

Synonyms and related words
2

the process of inflating something with air or gas

Synonyms and related words
Definition inflation in British English