word
Inflation
in-FLAY-shun
/ɪnˈfleɪʃən/Listen
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Syllable breakdown
inflation
Dictionary meaning
Rate at which the general price level rises, reducing purchasing power — measured by Consumer Price Index (CPI) and Producer Price Index (PPI); moderate inflation (2%) is considered healthy; hyperinflation (Zimbabwe, Weimar Germany) destroys economies; deflation (falling prices) can cause recession as consumers wait for lower prices
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