Inflation

Pronunciation: /ɪnˈfleɪʃən/

Definitions of inflation

noun a general increase in prices and fall in the purchasing value of money

Example Sentences

A1 Inflation means the increase in prices of goods and services.

A2 Inflation can have a negative impact on people's purchasing power.

B1 Rising inflation rates can lead to economic instability.

B2 Central banks often try to control inflation through monetary policy.

C1 Hyperinflation is a severe form of inflation with extremely rapid price increases.

C2 Understanding the causes of inflation requires a deep knowledge of economic theory.

Examples of inflation in a Sentence

formal The central bank is closely monitoring the inflation rate to ensure economic stability.

informal I heard prices are going up because of inflation.

slang Inflation is killing my wallet, everything is so expensive now.

figurative Inflation in the housing market is like a balloon slowly expanding, ready to burst at any moment.

Grammatical Forms of inflation

• past tense: inflated
• plural: inflations
• comparative: more inflation
• superlative: most inflation
• present tense: inflates
• future tense: will inflate
• perfect tense: have inflated
• continuous tense: is inflating
• singular: inflation
• positive degree: inflation
• infinitive: to inflate
• gerund: inflating
• participle: inflated

Origin and Evolution of inflation

First Known Use: 0014 year

Language of Origin: Latin

Story behind the word: The word 'inflation' originated from the Latin word 'inflatio' which means a blowing up or puffing up.

Evolution of the word: The term 'inflation' was first used in the 14th century to describe the increase in the money supply leading to a rise in prices. Over time, the word has come to encompass a broader meaning of general increase in prices of goods and services in an economy.