hyperinflation.

An exceptionally rapid rise in prices that sharply erodes a currency's purchasing power.

Use it for

Words that belong together

• runaway hyperinflation
• period of hyperinflation

On the page

Hyperinflation made ordinary wages insufficient within weeks.

Usage notes

Primary category: economics / business / social science. Forms: Usually uncountable; no ordinary plural in this sense. Legacy lexical fields mirror sense 1 only. Use numbered sense fields for all meanings. Established modern English lexical item. No separate regional spelling or grammatical inflection entry. Writing functions: analysis, evaluation, social science. Commonness: moderately common.