Noun
a general and progressive increase in prices
Source: WordNetin inflation everything gets more valuable except money Source: Internet
According to the government data, retail inflation rose to 6.93% in July, mainly driven by rising prices of food items like vegetables, pulses, meat and fish. Source: Internet
Mortgage rates are tightly correlated with inflation, so rising prices could also trigger higher mortgage rates. Source: Internet
Caution has become the mantra for purchasers, while vendors, used to years of rising prices, haven’t been willing to drop their asking prices. Source: Internet
If all the reserves accumulated in the PSA were to be depleted someday and international oil price went on an upswing again, consumers would be exposed to rising prices of oil without this safety net. Source: Internet
In Hungary, a utility called Eon used machine learning to analyze the power consumption and bill-payment history of customers in a town where rising prices were encouraging people to steal electricity. Source: Internet