Topic summary
Price inflation
Extracted from the Wikipedia article Inflation.
Related concepts
Other economic concepts related to inflation include: deflation – a fall in the general price level; disinflation – a decrease in the rate of inflation; hyperinflation – an out-of-control inflationary spiral; stagflation – a combination of inflation, slow economic growth and high unemployment; reflation – an attempt to raise the general level of prices to counteract deflationary pressures; asset price inflation – a general rise in the prices of financial assets without a corresponding increase in the prices of goods or services; and agflation – an advanced increase in the price for food and industrial agricultural crops when compared with the general rise in prices.