in·fla·tion 
/ɪnˈfleɪʃən/ noun
/ɪnˈfleɪʃən/ noun [noncount] 1 : an act of inflating something
▪ the inflation of a balloon : the state of being inflated ▪ It's important to maintain proper tire inflation. [=pressure] 2 : a continual increase in the price of goods and services
▪ The government has been unable to control/reduce/curb inflation. ▪ The rate of inflation is high/low/rising. ▪ The annual inflation rate is three percent. [=prices are rising three percent each year] ▪ economic inflation
▪ the inflation of a balloon : the state of being inflated ▪ It's important to maintain proper tire inflation. [=pressure]
▪ The government has been unable to control/reduce/curb inflation. ▪ The rate of inflation is high/low/rising. ▪ The annual inflation rate is three percent. [=prices are rising three percent each year] ▪ economic inflation
