rate of inflation
noun[S]
ukusECONOMICS
therateat whichpricesincreaseovertime,causingthevalueofmoneytofall:
more/less than the rate of inflationThepayofferwas less than therateofinflation.
Theyproposedfareincreasesof more than threetimestherateofinflation.
alow/highrateofinflation
themonthly/annualrateofinflation