inflation

/ˌɪnˈfleɪʃən/

a general and progressive increase in prices

Chinese meaning: 通货膨胀；物价上涨

High inflation erodes the purchasing power of consumers, making goods more expensive.

高通货膨胀侵蚀了消费者的购买力，使商品更加昂贵。

Central banks often raise interest rates to control inflation and stabilize the economy.

中央银行通常提高利率以控制通货膨胀并稳定经济。