Inflation

noun
  1. The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling. noun
    The government is taking measures to control inflation.
    High inflation can erode the value of currency over time.
  2. The act of inflating something or the condition of being inflated. noun
    The inflation of the balloon was done carefully to avoid bursting.
    The rapid inflation of the tire was necessary to get back on the road quickly.