(uncountable) (economics) Inflation is a general increase in the price of goods and services.
Because of inflation, I can't afford to go to the movies anymore.

We have low unemployment, low inflation, good growth, and a strong economy.

The rate of food inflation reached 24 percent in March.

Wages adjusted for inflation actually fell last month.
(uncountable) Inflation is the process of blowing up a balloon, bag, etc.
The speed of inflation of the airbag is very important in protecting you in a car crash.
(uncountable) Inflation is any process or result of growth.
With competition to enter college, grade inflation is a serious problem across the country.

Noun