hyperinflation

(redirected from Galloping Inflation)
Also found in: Dictionary, Medical, Financial.

hyperinflation

(ECONOMICS) an extreme type of INFLATION in which a very rapid exponential growth in prices occurs. The classic instance of hyperinflation was in Germany in 1923. But there have been many instances since, e.g. Hungary in 1946, when a daily doubling of prices occurred, and Argentina in the period after the Falklands War.
References in periodicals archive ?
From the initial signs of optimism two years ago, the administration has turned into the bearer, and the brunt, of bad news: galloping inflation, a weakening peso, indifferent or outright hostile investors.
He stated that, at that time, it was a sound position due to the high unemployment rate, poverty, galloping inflation, and relatively low life expectancy.
There is galloping inflation, and basic foodstuff and medicine are not available.
Recent plans for price hikes for toilet paper triggered hoarding and local shortages, which made international headlines, leading to fears of galloping inflation.
Venezuela is gearing up to elect a new government after the most difficult year in its recent, tumultuous history was marred by bloody street demonstrations, galloping inflation, and extreme shortages of basic products (NotiSur, Aug.
Moscow banned most Western food imports in 2014 when Western countries imposed sanctions on Russia over its role in the Ukraine crisis, leading to supply disruptions as retailers had to find new suppliers and galloping inflation.
State Department called Venezuela's accusations of coup-plotting "baseless and false" and intended to direct attention away from mounting economic problems such as widespread shortages and galloping inflation that reached 68 percent last year.
The country suffers from galloping inflation, loss of investor confidence, and an ongoing saga with the country's holdout creditors all made headlines in 2014.
''Consumers are pondering the fate of their national currency and the prospect of galloping inflation, and we all wonder what further deprivations Ukrainians will incur this coming winter,'' columnist Yegor Struzhkin wrote in the Kommentarii weekly.
The prices of essential commodities kept on increasing due to galloping inflation.
The IMD report on the progress the monsoon is not good news the government, which is struggling to rein in galloping inflation.
For the last decade or so, the country has been passing through a long spell of policy paralysis and rampant corruption in all walks of life besides a serious economic slowdown, galloping inflation and negative industrial growth.