What is another word for rate of inflation?
Pronunciation: [ɹˈe͡ɪt ɒv ɪnflˈe͡ɪʃən] (IPA) 
The term "rate of inflation" refers to the measure of how fast the prices of goods and services increase over time. Some synonyms for this term include inflation rate, price inflation, cost of living index, price level, and consumer price index (CPI). These terms are often used interchangeably but may have slightly different meanings depending on the context. For example, inflation rate typically refers to the percentage increase in prices over a specific period, while CPI is a more comprehensive measure that takes into account the prices of a broad range of goods and services. Regardless of the term used, understanding the rate of inflation and its impact on the economy is crucial for businesses and policymakers alike.
