NOUN | process | rising prices, inflation | a general and progressive increase / increase in prices / prices |
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Meaning | A general and progressive increase / increase in prices / prices. | |
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Synonym | inflation | |
Narrower | cost-pull inflation | inflation caused by an increase / increase in the costs of production |
demand-pull inflation | inflation caused by an increase / increase / increase / increase in demand or in the supply of money | |
reflation | inflation of currency after a period of deflation | |
stagflation | A period of slow economic growth and high unemployment (stagnation) while prices / prices rise (inflation) | |
Broader | economic process | Any process affecting the production and development and management of material wealth |
Opposite | deflation | A contraction of economic activity resulting in a decline of prices / prices |
disinflation | A reduction of prices / prices intended to improve the balance of payments | |
Spanish | inflación | |
Catalan | inflació |
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