Pronunciation

• IPA ^(key): /ɪnˈfleɪʃən/Category:Entries with IPA pronunciation

• Audio (UK)

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Noun

1. (uncountable)Category:Uncountable nouns (economics)Category:Economics Inflation is a general increase in the price of goods and services.

   Because of inflation, I can't afford to go to the movies anymore.

   We have low unemployment, low inflation, good growth, and a strong economy.

   The rate of food inflation reached 24 percent in March.

   Wages adjusted for inflation actually fell last month.

2. (uncountable)Category:Uncountable nouns Inflation is the process of blowing up a balloon, bag, etc.

   The speed of inflation of the airbag is very important in protecting you in a car crash.

3. (uncountable)Category:Uncountable nouns Inflation is any process or result of growth.

   With competition to enter college, grade inflation is a serious problem across the country.