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rising prices

DEFINITIONS OF: rising prices

1

n a general and progressive increase in prices

Synonyms:
inflation
Antonyms:
deflation
a contraction of economic activity resulting in a decline of prices
disinflation
a reduction of prices intended to improve the balance of payments
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Types:
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cost-pull inflation
inflation caused by an increase in the costs of production
demand-pull inflation
inflation caused by an increase in demand or in the supply of money
reflation
inflation of currency after a period of deflation; restore the system to a previous state
stagflation
a period of slow economic growth and high unemployment (stagnation) while prices rise (inflation)
Type of:
economic process
any process affecting the production and development and management of material wealth
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