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English definition of “inflation”

inflation

noun [U]     /ɪnˈfleɪ.ʃən/
B2 a general, continuous increase in prices: high/low inflation the rate of inflation 13 percent inflation → Compare deflationValue and price increasesEconomics and the state of the economy
(Definition of inflation noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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