INFLATION

What Does INFLATION Mean?

INFLATION means "Rate of Increase in Prices."

Inflation is a term used in economics to refer to the rate of increase in prices over a given period of time. Inflation is measured in percentage increases across a year and represents a decrease in the purchasing power of money.

Causes of inflation include:
  • Increases in demand for goods and services.
  • Increases in public spending.
  • Tax reductions.
  • Wage increases.
When high inflation coincides with a period of slow economic growth and high unemployment, this is known as stagflation.

Image for INFLATION

When I write INFLATION, I mean this: meaning of INFLATION Inflation leads to a decrease in the purchasing power of money.

Summary of Key Points

"Rate of Increase in Prices" is the most common definition for INFLATION on Snapchat, WhatsApp, Facebook, Twitter, Instagram, and TikTok.
INFLATION
Definition:Rate of Increase in Prices
Type:Word
Guessability:
2: Quite easy to guess
Typical Users:
Adults

Example of INFLATION Used in a Text

INFLATION

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