Inflation in Tamil
Definition:
According to various sources, including the Oxford English Dictionary, the Merriam-Webster Dictionary, and the International Monetary Fund, the definition of the word “Inflation” is:
**Inflation**: (noun)
1. The act of inflating or the process of being inflated.
2. A sustained increase in the general price level of goods and services in an economy over a period of time, resulting in a decrease in the purchasing power of money.
3. A condition characterized by an excessive supply of money and credit, which can lead to a rapid increase in prices and a decline in the value of money.
In simpler terms, inflation refers to the rate at which prices for goods and services are rising, and the value of money is decreasing. For example, if you have $100 today, you may be able to buy 10 pizzas, but a year from now, you may only be able to buy 8 pizzas because prices have increased due to inflation.
It’s worth noting that there are different types of inflation, including:
* Hyperinflation: extremely high inflation rates (e.g., over 50% per month)
* Deflation: a sustained decrease in the general price level of goods and services
* Stagflation: a combination of high inflation and high unemployment, often accompanied by stagnant economic growth.
Translation of ‘Inflation ‘ in Tamil:
வீக்கம்
Examples:
- Here are three unique example sentences using the word “inflation”:
- 1. The central bank’s decision to raise interest rates aimed to combat the creeping **inflation** that was eroding the purchasing power of the country’s citizens.
- 2. The company’s profits soared in the first quarter, but investors were wary of the **inflation** risks in the market, which could lead to a decline in demand for their products.
Synonyms:
Here are some synonyms for the word “Inflation”:
1. Price increase
2. Cost of living increase
3. Spike in prices
4. Economic expansion
5. Monetary growth
6. Depreciation of currency (in the context of foreign exchange)
7. Hegemony of money (in the context of economics)
8. Per capita consumption increase
9. Real value decrease
10. Hyperinflation (if referring to a rapid and excessive increase in prices)
Note that some of these synonyms may be more specific or nuanced than others, and may be used in different contexts or industries.
Antonyms:
which is the opposite of inflation, which is the opposite of inflation.
4. Recession: Similar to depression, as it refers to a slowdown in the rate of inflation, as it refers to a decrease in the general price level of goods and services.
2. Stagnation: This refers to a lack of growth or change in the economy, which is the opposite of inflation.
5. Disinflation: This is a specific type of antonym, rather than an outright decrease in prices.
6. Deflationary: This is an adjective that refers to a decrease in the general price level of goods and services, which is the opposite of inflationary.
7. Contraction: This refers to a decrease in the overall size of the economy, and some may be more nuanced or context-dependent than others., which is characterized by rapid growth or increases in price.
3. Depression: This is another antonym of inflation, which is characterized by an increase in prices and spending.
8. Slowdown: This refers to a decrease in the pace or rate of economic growth, which is characterized by rapid growth or increases in prices.
It’s worth noting that not all of these antonyms are exact opposites, Here are some antonyms for the word “Inflation”:
1. Deflation: This is the most direct antonym of inflation, as it refers to a state of economic decline or recession, this refers to a period of economic decline or contraction
Related Words: