The phrase "aggravating inflation" is correct and usable in written English.
It can be used to describe a situation where inflation is becoming more severe or intense, often causing additional economic stress.
Example: "The government's failure to address the rising costs of living is only aggravating inflation, making it harder for families to make ends meet."
Alternatives: "exacerbating inflation" or "intensifying inflation".
It is trying to right a wobbly economy without aggravating inflation.
Technocrats overestimated how many jobs they could create without aggravating inflation, and aggravate inflation they did.
Leaders of the industrial world are glaring at Mexico, complaining that petroleum prices are aggravating inflation.
Since 1973 the price of energy has risen dramatically, aggravating inflation, overburdening the poor, hindering new investments, increasing unemployment.
If an economic slowdown also causes a withdrawal of overseas investment in the United States, the dollar could weaken, raising import prices and aggravating inflation, they say.
Rising productivity rates in the United States are giving the Fed more maneuvering room to keep borrowing costs low without aggravating inflation.
Ten-year Treasury notes fell for a third day as investors speculated rate cuts would aggravate inflation.
The hope is that lower interest rates will encourage consumers and businesses to spend more, while the risk is that the spending will aggravate inflation.
"That's a range everybody would be happy with," he said, adding that it is a level with "strong enough growth to keep incomes high," but not so much growth to aggravate inflation.
Lyle E. Gramley, a former Fed governor who is a senior adviser to the Stamford Washington Research Group, said some policy makers were worried that rising wages and slower productivity growth could aggravate inflation.
Exchange controls were also tightened in China, where officials worry that capital inflows will aggravate inflation, which rose by 4.4% in the year to October, too fast for comfort.
