inflation

//ɪnˈfleɪʃən//
B2Frequency Level 8Neutral
Visual representation of inflation

Noun

1

A general increase in prices and fall in the purchasing value of money in an economy over time

High inflation is making it difficult for families to afford basic necessities.

2

The action of inflating something or the condition of being inflated

The inflation of the balloon took only a few seconds.