Consumer Economics

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

• The central bank is closely monitoring the inflation rate to ensure economic stability.
• I heard prices are going up because of inflation.
• Inflation is killing my wallet, everything is so expensive now.
• Inflation in the housing market is like a balloon slowly expanding, ready to burst at any moment.

noun a combination of the words 'low' and 'inflation', referring to a period of low inflation rates

• The central bank is closely monitoring the phenomenon of lowflation in the economy.
• People are starting to worry about lowflation because it could affect their purchasing power.
• Lowflation is when prices stay low, but it's not necessarily a good thing for everyone.
• In the current economic climate, lowflation is like walking a tightrope - it can be precarious if not managed carefully.