inflation

noun

in·​fla·​tion in-ˈflā-shən How to pronounce inflation (audio)
1
: an act of inflating : a state of being inflated: such as
b
: a hypothetical extremely brief period of very rapid expansion of the universe immediately following the big bang
c
: empty pretentiousness : pomposity
2
: a continuing rise in the general price level usually attributed to an increase in the volume of money and credit relative to available goods and services

Examples of inflation in a Sentence

the inflation of a balloon The government has been unable to control inflation. The rate of inflation is high.
Recent Examples on the Web For years the kingdom has needed to sell its oil for $80 a barrel to balance its budget—one reason why MBS opted to cut Saudi oil output last year, rather than sell more barrels to help lower inflation. Vivienne Walt, Fortune, 4 Apr. 2024 Once the Federal Reserve began hiking interest rates two years ago to rein in 40-year high inflation, economists predicted the unemployment rate would soon hit 4%. Elisabeth Buchwald, CNN, 4 Apr. 2024 Temel examined the spending of a typical tourist during the most recent solar eclipse, in 2017, adjusting for inflation and projecting that visitors this time around would each spend about $244 each. Max Zahn, ABC News, 4 Apr. 2024 Tony’s has hiked prices in some of its markets in response to cocoa inflation, the company’s U.K. and Ireland boss Ben Greensmith told Fortune last month. Prarthana Prakash, Fortune Europe, 4 Apr. 2024 That film opened to $16 million and eventually powered to $119 million globally (not adjusted for inflation). Rebecca Rubin, Variety, 3 Apr. 2024 In crunching the numbers for how much millions of families could afford to pay for college in the next school year, the agency failed to account for inflation. Zachary Schermele, USA TODAY, 3 Apr. 2024 Beginning in the 1970s, companies began outsourcing supply chains as U.S. economic growth stagnated and inflation rose. TIME, 2 Apr. 2024 This has become even more of a headache for shoppers as inflation has risen and savings have shrunk in the years following the Covid-19 pandemic. Rocio Fabbro, Quartz, 1 Apr. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'inflation.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

14th century, in the meaning defined at sense 1

Time Traveler
The first known use of inflation was in the 14th century

Dictionary Entries Near inflation

Cite this Entry

“Inflation.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/inflation. Accessed 17 Apr. 2024.

Kids Definition

inflation

noun
in·​fla·​tion in-ˈflā-shən How to pronounce inflation (audio)
1
: an act of inflating : the state of being inflated
2
: a continual increase in the price of goods and services

More from Merriam-Webster on inflation

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