Pronunciation

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Singular
inflation

Plural
inflations

 
The inflation of a balloon
  1. (uncountable) (economics) Inflation is a general increase in the price of goods and services.
    Because of inflation, I can't afford to go to the movies anymore.
    We have low unemployment, low inflation, good growth, and a strong economy.
    The rate of food inflation reached 24 percent in March.
    Wages adjusted for inflation actually fell last month.
  2. (uncountable) Inflation is the process of blowing up a balloon, bag, etc.
    The speed of inflation of the airbag is very important in protecting you in a car crash.
  3. (uncountable) Inflation is any process or result of growth.
    With competition to enter college, grade inflation is a serious problem across the country.

Synonyms

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