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 ?
In this age of skyrocketing prices and galloping inflation it is hard for me to buy even potato from market which is considered cheaper and accessible genre of vegetable for the poor people.
But the non-availability of medical facilities in public sector has turned the area into hometown of fatal diseases for the disadvantaged in this era of galloping inflation .
Amid recovery from an economic crisis that saw mass unemployment and galloping inflation, Mugabe loyalists insist their hero is "tried and tested".
Poor governance, deteriorating law and order situation, repeated breaches of sovereignty, widespread corruption, galloping inflation, unprecedented load shedding, massive unemployment and increasing poverty have left the citizens in a vicious cycle of pain and suffering.
For example, from a 450% galloping inflation in 1984, Israel managed to hold inflation in check at 1.6% in 2012.
High unemployment, galloping inflation; disrespect for the ADULT CINEMA Government; industrialists, trade unions, shop stewards together with extreme activists are struggling for supremacy just as happened in Germany 50 years ago.
The recent fuel price hike has added to the woes of the lower and middle classes in the country, who are finding it extremely difficult to meet their household expenses due to galloping inflation.
IN a distant echo of present financial troubles, the Conservative Government of 1972 froze pay and prices this day in a bid to curb galloping inflation.
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. Families' outgoings have gone up as a result of sky-high petrol and energy costs while shop prices have also risen.