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  1. inflation
    IPA[ɪnˈfleɪʃ(ə)n]
  2. noun

    • 1. the action of inflating something or the condition of being inflated:

      the inflation of a balloon the gross inflation of salaries
    • 2. (in some theories of cosmology) a very brief exponential expansion of the universe postulated to have interrupted the standard linear expansion shortly after the Big Bang.

    • 3. a general increase in prices and fall in the purchasing value of money:

      policies aimed at controlling inflation tax allowances and excise duties were increased in line with inflation a reduction in annual inflation from 84 per cent to 7 per cent high inflation rates
  3. Variation

    • n.: noun: inflation