Definitions
WordNet 3.0
- n. the rate of change of prices (as indicated by a price index) calculated on a monthly or annual basis
Examples
“A further problem affecting the Colombian grower’s competitiveness was rising costs stemming from Colombia’s 30% inflation rate in 1977.”
Simon & Schuster: Strategic Management in Developing Countries Case Studies
“Colgate-Mexico had originally estimated an inflation rate of 80% for 1987 but had updated that estimate to 120%.”
Simon & Schuster: Strategic Management in Developing Countries Case Studies
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