TopicExchange rates & FX
lam phat · /lam˧˨ fat˧˦/
lạm phát
lam phat/lam˧˨ fat˧˦/noun
general rise in prices that reduces money's purchasing power
giá cả tăng chung làm giảm sức mua của tiền
Central banks often raise rates when inflation stays high.
Ngân hàng trung ương thường tăng lãi khi lạm phát cao dai dẳng.
Examples
High inflation made groceries more expensive each month.
Wage talks stalled because workers feared rising inflation.
Policymakers aim for low and stable inflation over time.
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