Pronunciation: /æɡˈfleɪʃən/
noun a portmanteau of 'agriculture' and 'inflation', referring to the increase in the prices of agricultural products
A1 Agflation is when the prices of agricultural products increase.
A2 Farmers are worried about agflation affecting their profits.
B1 The government is implementing policies to address agflation and stabilize food prices.
B2 Economists are studying the causes of agflation and its impact on the overall economy.
C1 Global agflation can have far-reaching consequences on international trade and food security.
C2 Experts are debating the best strategies to mitigate the effects of agflation on the agricultural sector.
formal The rise in food prices due to increased demand and supply chain disruptions led to agflation in the agricultural sector.
informal Hey, have you noticed how expensive groceries have become? It's all because of agflation in the farming industry.
slang Man, these farmers are really feeling the pinch with all this agflation going on.
figurative Just like a balloon slowly inflating, agflation is causing prices to rise steadily in the agricultural market.
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