Definition, Meaning & Synonyms

inflation-gauge

Noun

in-fley-shun-geyj

Definition

A tool or indicator used to measure changes in inflation rates over time.

Examples

The inflation-gauge showed a steady increase in prices over the last year.
Economists often rely on an inflation-gauge to make predictions about the economy.
Using an inflation-gauge helps businesses adjust their pricing strategies.

Meaning

Inflation-gauge refers to measurements or instruments that help track the rate at which prices for goods and services rise, indicating the level of inflation in an economy.