runaway inflation

Definition

noun
very rapid inflation, which is almost impossible to reduce

Use runaway inflation in a sentence

You should try and predict where the market is going and do your best to prepare for any runaway inflation.

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If we are not careful, our country could experience runaway inflation of 20 percent or higher by the end of the decade.

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Runaway inflation and stagnant salaries are causing many families to have to cut back on non-essential items to be able to pay for necessities like food and clothing.

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