Definition of inflation in US English:

inflation

noun

  • 1The action of inflating something or the condition of being inflated.

    ‘the inflation of a balloon’
    ‘the gross inflation of salaries’
    • ‘As a result, the surgeon decided to dilate the narrowed blood vessel using balloon inflation.’
    • ‘Has anyone but me noticed the gross inflation of pool table costs during the last decade?’
    • ‘Bags that did survive inflation were installed on pickup trucks for further testing.’
    • ‘Balloon inflation inevitably stops coronary blood flow, which may induce angina.’
    • ‘It remains likely that US interest rates will rise again later in the year since the risks lie firmly on the side of higher inflation.’
    • ‘These outer hair cells are trypsin treated from inside and are made spherical by inflation.’
    • ‘After maximal inflation, the balloon can immediately be deflated because the mesh opposes elastic recoil.’
    • ‘It's like there's inflation on the currency of romance or something.’
    • ‘Writing in the Guardian last month, Mark Lawson wrote of galloping spiritual inflation in the USA.’
    exaggeration, overemphasis, magnification, amplification, overplaying, dramatization, colouring, embroidery, embellishment, enhancement, extravagance, hyperbole, excessiveness, overestimation, overvaluation, aggrandizement
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    1. 1.1Astronomy (in some theories of cosmology) a very brief exponential expansion of the universe postulated to have interrupted the standard linear expansion shortly after the Big Bang.
      • ‘If you have the big bang followed by a really rapid burst of inflation, that should have happened more than once.’
      • ‘This finding is consistent not only with inflation but with the existence of dark matter.’
      • ‘In particular, it is violated during the accelerated expansion predicted in theories of cosmic inflation.’
      • ‘If they find such ripples it will be powerful evidence in favour of Guth's theory of inflation.’
      • ‘But eternal inflation is much more than just the claim that the universe inflated at early times.’
      • ‘In some sense, the cyclic idea still uses inflation to smooth out the universe.’
      • ‘There is a mouthpiece for additional inflation, and a whistle and a light for attracting attention’
      • ‘The scenario for inflation in 1982 was that the universe began with a big bang singularity.’
      growth, rise, enlargement, expansion, extension, multiplication, elevation, swelling
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  • 2Economics
    A general increase in prices and fall in the purchasing value of money.

    ‘policies aimed at controlling inflation’
    as modifier ‘high inflation rates’
    • ‘I think he's missing out on all the massive bouts with inflation.’
    • ‘Failure to adjust benefits for inflation was a favorite strategy in Latin America.’
    • ‘Meanwhile they have awarded themselves salary rises well above inflation.’
    • ‘Although inflation was dramatically reduced, so was demand, output, and employment.’
    • ‘That is something Asian companies did not do the last time inflation hit the region in the early 1990s.’
    • ‘These are the same landlords who clamoured over cheap two and three-bed houses in the first place, driving inflation.’
    • ‘Over the long run, as the graph dramatically shows, equities have strongly outperformed bonds and inflation.’
    • ‘Taking that and inflation into account would raise the cost to about £390m.’
    • ‘Meanwhile, the world's central bankers have been trained to focus exclusively on inflation.’
    • ‘But over the longer term, only equities have produced returns that consistently beat inflation.’
    • ‘In December he indicated that he was concerned about inflation and the excessive risk taking in the markets.’
    • ‘In a downward inflation trend, salary expectations lag the decreases in inflation.’
    • ‘The bare figures, however, conceal the fact that domestic inflation is still stubbornly high.’
    • ‘Global inflation is not, however, taking off into the blue yonder.’
    • ‘True, central bankers are never entirely relaxed about inflation.’
    • ‘It is hardly surprising, then, that inflation has been on an upward trend.’
    • ‘The key concern behind the recent market turmoil is inflation.’
    • ‘But in a market where bond yields are tightening and inflation is low, returns are the top priority for investors.’
    • ‘Some pension experts believe the new statements will give an accurate picture because they reflect the impact of inflation.’
    • ‘Even though inflation at 2.6% is low, it is still eating into any money left on deposit.’
    increase, gain, growth, rise, mounting, escalation
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Origin

Middle English (in the sense ‘the condition of being inflated with a gas’): from Latin inflatio(n-), from inflare ‘blow in to’ (see inflate). inflation (sense 2) dates from the mid 19th century.

Pronunciation

inflation

/inˈflāSH(ə)n//ɪnˈfleɪʃ(ə)n/