chronic inflation


Occurs when a country experiences unusually high inflation, usually over ten percent per year, for an extended number of years. In some cases this is caused by the continually expansion of currency which subsequently reduces monetary values.

Use chronic inflation in a sentence

You should try and figure out a way to adjust to any chronic inflation so that you are staying in front of it.

​ Was this Helpful? YES  NO 11 people found this helpful.

Spain was experiencing chronic inflation so that the currency was nearly worthless to purchase the goods necessary to feed one's family.

​ Was this Helpful? YES  NO 6 people found this helpful.

The countries economy had been dealing with unusually high inflation for some time now. This chronic inflation was devestating and they were not sure how they could get out of it.

​ Was this Helpful? YES  NO 9 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Christmas Island Dollar chronological order