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English definition of “inflationary”

inflationary

adjective
 
 
/ɪnˈfleɪʃənəri/ ECONOMICS
relating to or causing inflation: Time and again, economists have warned that higher oil prices are inflationary.inflationary consequences/effect/impact The Bank of England would at once want to raise interest rates to reduce the inflationary impact of a lower pound. The financial markets took fright at the possibility that inflationary pressure is building up in the economy. → Compare counterinflationary
(Definition of inflationary from the Cambridge Business English Dictionary © Cambridge University Press)
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