January 29, 2024 Word of the Day
During a period of inflation, costs rise.
Definition of INFLATION
[noncount]
1 : an act of inflating something
the inflation of a balloon
: the state of being inflated
It's important to maintain proper tire inflation. [=pressure]
2 : a continual increase in the price of goods and services
The government has been unable to control/reduce/curb inflation.
The rate of inflation is high/low/rising.
The annual inflation rate is three percent. [=prices are rising three percent each year]
economic inflation
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