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inflation
noun
a
sustained
rise
in
the
overall
prices
of
goods
and
services
,
which
makes
each
unit
of
money
buy
less
than
before
•
Shoppers
noticed
that
the
price
of
bread
had
doubled
because
of
inflation
.
Shoppers
noticed
that
the
price
of
bread
had
doubled
because
of
inflation
.
•
The
central
bank
raised
interest
rates
to
slow
soaring
inflation
.
The
central
bank
raised
interest
rates
to
slow
soaring
inflation
.
From
Latin
‘
inflare
’
meaning
‘
to
blow
into
’,
applied
figuratively
in
19th-century
economics
to
describe
prices
swelling
like
a
balloon
.
noun
the
process
of
filling
something
with
air
or
gas
so
that
it
becomes
larger
or
firm
•
After
pumping
for
a
minute
,
the
bicycle
tire
grew
hard
during
inflation
.
After
pumping
for
a
minute
,
the
bicycle
tire
grew
hard
during
inflation
.
•
The
children
laughed
as
the
colorful
balloon
swelled
with
each
puff
of
inflation
.
The
children
laughed
as
the
colorful
balloon
swelled
with
each
puff
of
inflation
.
Directly
from
Latin
‘
inflare
’
meaning
‘
to
blow
into
’,
first
appearing
in
English
in
the
15th
century
to
describe
blowing
air
into
objects
.
noun
a
rapid
or
excessive
increase
in
the
amount
or
level
of
something
,
so
it
loses
its
usual
value
or
impact
•
Universities
worry
that
grade
inflation
makes
high
marks
less
meaningful
.
Universities
worry
that
grade
inflation
makes
high
marks
less
meaningful
.
•
Ego
inflation
turned
the
talented
actor
into
a
diva
on
set
.
Ego
inflation
turned
the
talented
actor
into
a
diva
on
set
.
Extended
figurative
use
evolved
in
the
20th
century
from
the
economic
sense
,
applying
‘
inflated
’
prices
metaphorically
to
other
swollen
quantities
.
