0

An example would be the recent inflation in Russia, where the exchange rate of GPB:RUB has doubled from ~60 in September to ~120 today. Hyperinflation was defined by Philip Cagan in his book as 50% inflation per month sustained over a year. Is there a word or phrase that describes excessive and abnormal amounts of inflation that do not reach hyperinflation levels?

2
  • 1
    You can use the adjective 'over-the-top' to describe something that's excessive or exaggerated.
    – Misti
    Dec 16, 2014 at 12:44
  • 1
    Semihemidemisuperhypoinflation Dec 16, 2014 at 22:44

2 Answers 2

5

For me, rampant inflation is the term that most readily springs to mind for this situation. Or simply high inflation.

1

I think you have to go with some adjectives to describe it: above-average or excessive inflation may work. Official inflation targets generally define a desired or acceptable level of inflation. Numbers above that target may be consider as too high.

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Not the answer you're looking for? Browse other questions tagged or ask your own question.