hyperinflation

American  

[hahy-per-in-fley-shuhn] / ˌhaɪ pər ɪnˈfleɪ ʃən /

noun

1. extreme or excessive inflation.

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hyperinflation British  

/ ˌhaɪpəɪnˈfleɪʃən /

noun

1. Also called: galloping inflation.  extremely high inflation, usually over 50 per cent per month, often involving social disorder

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Other Word Forms

• hyperinflationary adjective

Etymology

Origin of hyperinflation

First recorded in 1925–30; hyper- + inflation

Example Sentences

That is a remarkable turnaround since Milei took power 27 months ago with an economy near hyperinflation and a treasury headed for another bankruptcy.

From Barron's

Years of hyperinflation—estimated by the IMF at 65,370% in 2018—has left the country’s bolivar currency virtually worthless.

From The Wall Street Journal

Venezuelans, battered by years of hyperinflation, are hoping US investment will ease the crisis but with the US focus so far firmly on the oil industry, it is not yet clear how much - and how quickly - any of it will trickle down to the average worker.

From BBC

Even so, petroleum was still a lifeline for a nation mired in more than a decade of economic, political and social tumult marked by mass emigration, hyperinflation and a near-ubiquitous sense of despair.

From Los Angeles Times

Outside Venezuela, the company enticed investors by presenting itself as a platform for helping everyday Latin Americans facing hyperinflation.

From The Wall Street Journal

Related Words

• devaluation