inflation

American  

[in-flay-shuhn] / ɪnˈfleɪ ʃən /

noun

• inflations
  plural

1. Economics. a persistent, substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency (opposed to deflation).

2. the act of inflating.

3. the state of being inflated.

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inflation British  

/ ɪnˈfleɪʃən /

noun

1. the act of inflating or state of being inflated

2. economics a progressive increase in the general level of prices brought about by an expansion in demand or the money supply ( demand-pull inflation ) or by autonomous increases in costs ( cost-push inflation ) Compare deflation

3. informal the rate of increase of prices

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inflation Cultural  

1. A general increase in prices.

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Other Word Forms

Derived Forms

• anti-inflation
  noun
• noninflation
  noun
• overinflation
  noun
• reinflation
  noun
• self-inflation
  noun

Inflected Forms

Nouns

• inflations
  plural

Etymology

Origin of inflation

First recorded in 1300–50; Middle English inflacio(u)n, from Latin inflātiōn-, stem of inflātiō, equivalent to inflāt(us), past participle of inflāre “to blow on or into, puff out” + -iō -ion; see inflate

Explanation

Think of inflation as expansion, usually from being filled with air, like a balloon. This also refers to rising prices. Think of a balloon puffing up, getting fuller and fuller — that's inflation. The word has a bunch of related meanings. We can say people a little too full of themselves are suffering from inflation: they are full of hot air. When the cost of living is ballooning, that's economic inflation. When the universe was born in the big bang, there was a huge inflation, as matter spread out, creating galaxies, stars, and planets.

Example Sentences

See Examples For:

inflation inflations

For McConnell, driving store traffic takes priority over upsells, particularly as consumers grapple with persistent inflation and elevated gas prices.

From The Wall Street Journal ● Oct. 13, 2026

It forecasts inflation in the UK will average 3.3% this year and it has raised its estimate for next year to 2.8% from its previous prediction of 2.4%.

From BBC ● Oct. 13, 2026

I keep worrying about healthcare, long-term care, inflation, a long bear market and living to 95.

From MarketWatch ● Oct. 13, 2026

Still, both main crude contracts dropped more than one percent Tuesday, though Brent remains stuck above $100, keeping constant upward pressure on global inflation.

From Barron's ● Oct. 13, 2026

By now I knew inflation had doubled, which meant the US dollar was even stronger.

From "I Will Always Write Back" by Caitlin Alifirenka and Martin Ganda

He added: “I know I could not have been so calm through depressions, inflations, banking and currency crises, wars and political disruptions.”

From MarketWatch ● Feb. 18, 2026

Dr Chris Provan, the chair of RCGPs in Scotland, said: "Nationally, many GP practices are experiencing dire financial headwinds owing to historic underinvestment, the impact of inflations, and the impending national insurance contributions."

From BBC ● Mar. 20, 2025

But Sotheby’s lawyers said that, while Rybolovlev and Sazonov had reason to be angry, they should blame themselves for failing to take reasonable measures to protect Rybolovlev from any price inflations.

From New York Times ● Jan. 9, 2024

The second round showed inflations of between 28% and 42%.

From Los Angeles Times ● Oct. 27, 2022

His appearance was indicated by certain inflations and convulsions of the parts which he possessed, and when the relics were again placed in the lower parts, he directly returned to the upper.

From The itinerary of Archbishop Baldwin through Wales by Giraldus Cambrensis

Related Words

• boom
• expansion
• hike
• rise