Open Inflation


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Open Inflation

A situation in which the prices of consumer goods rise consistently. Open inflation may not indicate a drop in the value of currency; instead, it may indicate a real rise in the value of consumer goods. An example of open inflation is a situation in which food and gas prices rise, but home prices, car prices, and art prices remain flat or drop.
References in periodicals archive ?
A common explanation of the open inflation in economic reform offered by comparative economists is the release of existing monetary overhang.