inflation
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/ɪnˈfleɪʃn/
🇬🇧
/ɪnˈfleɪʃn/
A general increase in prices and decrease in money's value over time
High inflation makes everything more expensive, so people can buy less with the same amount of money.
An excessive increase in something, especially amounts paid to people
The rapid inflation of CEO salaries has become a major concern for many companies.
The process of filling something with air or gas
The life jacket uses carbon dioxide for quick inflation in emergencies.