Definition of inflationary adjective from the Oxford Advanced Learner's Dictionary



BrE BrE//ɪnˈfleɪʃənri//
; NAmE NAmE//ɪnˈfleɪʃəneri//
[usually before noun]
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causing or connected with a general rise in the prices of services and goods the inflationary effects of price rises Our economy is in an inflationary spiral of wage and price increases (= a continuing situation in which an increase in one causes an increase in the other). inflationary wage demands
See the Oxford Advanced American Dictionary entry: inflationary