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The phrase "are inflation" is not correct and usable in written English.
It appears to be a fragment and lacks proper context or structure to convey a clear meaning.
Example: "The economic factors that are inflation are complex and multifaceted."
Alternatives: "are rising prices" or "are increasing costs".
Dictionary
are inflation
noun
An act, instance of, or state of expansion or increase in size, especially by injection of a gas.
Exact(35)
A sizable share of the bonds are inflation protected.
He added: "The biggest drivers of interest rates are inflation, and recession or recovery.
These are inflation, debt and democracy.Inflation was conquered by the plan for the real in 1994.
The two problems most likely to result from budget deficits are inflation and high interest rates.
Among the reasons are inflation at 7% on repayments and a higher number of patients needing treatment than was anticipated.
Overheating Sócrates's poison Cable ties Coalition troubles Supreme muddle ReprintsThe twin concerns are inflation and the current-account deficit.
Similar(25)
The bonds are inflation-protected.
The securities are inflation-protected Treasury notes.
(All these figures are inflation-adjusted).
The statement does not say whether these increases are inflation-adjusted or not.
The BNAC argues that since British pensions are inflation-linked, the index-linked gilt yield is appropriate.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com