Longman Dictionary of Contemporary English homepage

inflation

noun
     
Related topics: Business, Economics
in‧fla‧tion S2 W2 [uncountable]
1BPE a continuing increase in prices, or the rate at which prices increase
inflation rate/rate of inflation
The annual rate of inflation fell.
Inflation is now running at over 16%.
countries with high inflation
2 the process of filling something with air

Dictionary pictures of the day
Do you know what each of these is called?
What is the word for picture 1? What is the word for picture 2? What is the word for picture 3? What is the word for picture 4?
Click on any of the pictures above to find out what it is called.

Explore our topic dictionary