inflation meaning

inflation means 'a general increase in prices and fall in the purchasing value of money'.

inflation :

a general price increase, rising prices

noun

▪ The inflation has caused prices to go up.

▪ The rising prices have caused costs to increase.

▪ High inflation can reduce purchasing power.

▪ High prices can make money worth less.

paraphrasing

▪ price rise – a general increase in prices

▪ price growth – the rising of prices

▪ cost increase – when costs go up

▪ economic growth – rise in economic activity

inflation

Pronunciation

inflation [ɪnˈfleɪʃən]

The stress is on 'fla', and it sounds like 'in-fley-shun'.

Common phrases and grammar about inflation

inflation - Common meaning

noun
a general price increase, rising prices

Part of Speech Changes for "inflation"

▪ inflationary (adjective) – related to inflation

▪ deflation (noun) – decrease in prices

Common Expressions with "inflation"

▪ high inflation – when prices rise a lot

▪ inflation rate – the speed at which prices increase

▪ control inflation – to stop prices from rising

▪ inflation problem – issue with rising prices

Important examples of inflation in TOEIC

Vocabulary examples from the TOEIC test

In TOEIC word questions, inflation is used to describe the general rise in prices.

▪The country is experiencing high inflation.
▪The country is experiencing a general rise in prices.

Example of a confusing word: deflation (a decrease in the general price level)

▪The country is experiencing high deflation.
▪The country is experiencing a decrease in the general price level.
"Inflation" refers to the increase in the general price level of goods and services in an economy over a period of time, leading to a decrease in purchasing power. The sentence "The country is experiencing high inflation" is correct and indicates rising prices. "Deflation," on the other hand, means a decrease in the general price level, which is the opposite of inflation. Using "deflation" in the context of rising prices is incorrect, as it changes the meaning to suggest prices are falling. Therefore, "inflation" is the correct choice for describing a rise in prices.

Grammar examples from the TOEIC test

In TOEIC grammar questions, inflation is used as a noun and may be subject or object.

▪Inflation affects the economy.
▪Rising prices affect the economy.

inflation

Idioms and fixed expressions in TOEIC

price inflation

the increase in price levels

▪The price inflation is affecting everyone's budget.
▪The increase in prices is affecting everyone's budget.

battle inflation

to fight against rising prices

▪The government is trying to battle inflation.
▪The government is trying to fight rising prices.

Differences between similar words and inflation

inflation

,

deflation

differences

Inflation refers to a general rise in prices, while deflation refers to a general decrease in prices.

inflation
▪The inflation rate is increasing.
▪The general price level is rising.
deflation
▪The deflation rate is decreasing.
▪The general price level is falling.

inflation

,

price increase

differences

Inflation is the overall rise in prices, while a price increase refers to specific items' price rise.

inflation
▪The country is experiencing high inflation.
▪The store implemented a price increase on all products.
price increase
▪The government is trying to control inflation.
▪The store implemented a price increase on all products.

Words with the same origin as inflation

The origin of inflation

Inflation comes from the Latin 'inflare', meaning 'to blow into or enlarge'.

Word structure

The word is divided into the prefix 'in-' (into), root 'flate' (to blow), and suffix '-ion' (noun). Thus, inflation means 'the action of blowing into'.

Words with the same origin

The root of inflation is 'flate' (to blow). Words with the same root include 'inflate', 'deflate', 'flatulence', 'flatus'.

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