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Inflation: meaning, definitions and examples

๐Ÿ’ธ
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inflation

 

[ ษชnหˆfleษชสƒ(ษ™)n ]

Noun
Context #1 | Noun

economy

Inflation is the rate at which the general level of prices for goods and services is rising, and, subsequently, the purchasing power of currency is falling.

Synonyms

cost of living increase, price increase, rise in prices.

Which Synonym Should You Choose?

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Word Description / Examples
inflation

Commonly used in economic discussions to describe a general increase in prices and fall in the purchasing value of money over time.

  • The central bank implemented new policies to control inflation.
  • High inflation can erode the value of your savings.
price increase

More specific to the rise in cost of particular goods or services, rather than a general economic condition.

  • The price increase of gasoline has affected many commuters.
  • There was a noticeable price increase in groceries last month.
rise in prices

General term that can be used interchangeably with 'price increase', often to describe a broader trend in increasing costs of goods and services.

  • A rise in prices during the holiday season is expected.
  • The rise in prices has led to a decrease in consumer spending.
cost of living increase

Used to describe the rising expenses that people need to cover for daily living, such as food, rent, healthcare, and transportation.

  • Due to the cost of living increase, many families are struggling to make ends meet.
  • Employees asked for higher wages to keep up with the cost of living increase.

Examples of usage

  • The inflation rate has been steadily increasing over the past year.
  • Inflation can have a negative impact on the economy.
  • The government is taking measures to control inflation.

Translations

Translations of the word "inflation" in other languages:

๐Ÿ‡ต๐Ÿ‡น inflaรงรฃo

๐Ÿ‡ฎ๐Ÿ‡ณ เคฎเฅเคฆเฅเคฐเคพเคธเฅเคซเฅ€เคคเคฟ

๐Ÿ‡ฉ๐Ÿ‡ช Inflation

๐Ÿ‡ฎ๐Ÿ‡ฉ inflasi

๐Ÿ‡บ๐Ÿ‡ฆ ั–ะฝั„ะปัั†ั–ั

๐Ÿ‡ต๐Ÿ‡ฑ inflacja

๐Ÿ‡ฏ๐Ÿ‡ต ใ‚คใƒณใƒ•ใƒฌใƒผใ‚ทใƒงใƒณ

๐Ÿ‡ซ๐Ÿ‡ท inflation

๐Ÿ‡ช๐Ÿ‡ธ inflaciรณn

๐Ÿ‡น๐Ÿ‡ท enflasyon

๐Ÿ‡ฐ๐Ÿ‡ท ์ธํ”Œ๋ ˆ์ด์…˜

๐Ÿ‡ธ๐Ÿ‡ฆ ุชุถุฎู…

๐Ÿ‡จ๐Ÿ‡ฟ inflace

๐Ÿ‡ธ๐Ÿ‡ฐ inflรกcia

๐Ÿ‡จ๐Ÿ‡ณ ้€š่ดง่†จ่ƒ€

๐Ÿ‡ธ๐Ÿ‡ฎ inflacija

๐Ÿ‡ฎ๐Ÿ‡ธ verรฐbรณlga

๐Ÿ‡ฐ๐Ÿ‡ฟ ะธะฝั„ะปัั†ะธั

๐Ÿ‡ฌ๐Ÿ‡ช แƒ˜แƒœแƒคแƒšแƒแƒชแƒ˜แƒ

๐Ÿ‡ฆ๐Ÿ‡ฟ inflyasiya

๐Ÿ‡ฒ๐Ÿ‡ฝ inflaciรณn

Etymology

The word 'inflation' originated from the Latin word 'inflatio', which means a puffing up. In the 19th century, it was first used in an economic context to describe the increase in the money supply. Over time, the meaning evolved to represent the general increase in prices of goods and services.

See also: inflated, overinflated.

Word Frequency Rank

Ranking #3,475, this word is part of upper-intermediate vocabulary. While not among the most basic terms, it appears often enough to be valuable for advanced communication.