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A general increase in prices and fall in the purchasing value of money, typically associated with an increase in the supply of money and credit.
중앙은행은 인플레이션을 억제하기 위해 금리를 인상했습니다.
The central bank raised interest rates to curb inflation.
In economics, inflation is often measured as an annual percentage change in a general price index.
Avoid confusing '인플레이션' with '디플레이션' (deflation), which refers to a general decline in prices.
Always use '인플레이션' in the context of macroeconomics or financial discussions.
Derived from the English word 'inflation', which comes from the Latin 'inflatio' meaning 'a swelling' or 'expansion'.
In Korean, '인플레이션' is commonly used in economic and financial contexts to describe rising prices and the devaluation of currency. It is often contrasted with '디플레이션' (deflation).