Galloping Inflation


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Galloping Inflation

An informal term for double digit inflation or hyperinflation. The term conjures the image of a horse running at top speed.
References in periodicals archive ?
Due to all this, the Government must seriously begin saving and undertake drastic measures so that a galloping inflation is not created.
British Chambers of Commerce reckons public sector cuts are far more of a concern than galloping inflation.
Party parliamentarians Haider Abbas Rizvi and Faisal Sabazwari told media in Karachi that MQM had been forced to leave the government benches because of mounting corruption and galloping inflation.
Since the delay in starting the Bhasha dam has already resulted in increased cost, it is imperative to expedite the construction of the dam, as any delay could escalate the cost because of the galloping inflation.
While the suggestion may look rosy on paper, in reality it is more likely to accelerate galloping inflation in the aftermath of these floods.
Somehow or the other, the government employees were sure that the commission's recommendations would throw up some sort of panacea for the ills of a galloping inflation.
Indeed, more than the success or failure of the cut motion, it is crucial that Parliament takes stock of galloping inflation, particularly food inflation.
Though sales have slowed, buyers still must wait months to obtain vehicles, which appreciate in value over time due to galloping inflation that reached 31% last year.
New agricultural products like maize that widely enter to the market have also put pressure in stabilizing the galloping inflation.
The risk of galloping inflation as a result of higher primary commodity prices has been considerably overestimated.
Today, sadly, it is in a shambles - there is rampant poverty, galloping inflation and massive unemployment.
For instance, at a time when galloping inflation is a big concern, the new government has failed to even move half a step towards protecting the poorest of the poor among Pakistani consumers.