'escalating inflation' is correct and usable in written English.
You can use this term to describe a situation in which the prices of goods and services increase over time. For example, "The country is experiencing escalating inflation, with prices going up each month."
Throughout the 1980s, political debate focused on economic problems, particularly those related to escalating inflation, an unfavourable international trade balance, and unemployment.
As Princeton grappled with escalating inflation and operating costs in the years after World War II, a group of 24 concerned undergraduates wanted their peers to understand the University's financial condition.
The government needs a different agenda for growth: to ensure the rule of law rather than stifling regulation; stable money, not escalating inflation, which rewards debtors and penalises investment; and fiscal fairness, which encourages employment by reducing payroll taxes.
Over the past two months, I have read a lot of articles about Haiti: critics complaining about the import and spread of cholera, escalating inflation coupled with declining living conditions, and the overall state of the country since the earthquake hit three years ago.
Federal Reserve policy makers voted unanimously to raise interest rates by half a percentage point in May and to indicate that they suspected the risks to the economy were weighted mainly toward escalating inflation pressures, according to minutes of their May 16 meeting released today.
Along with millions or Argentines, who Monday night hit the streets looking for an explanation they don't expect to get, as they target their ire against President Kirchner in an environment of escalating inflation, crime, and recession.
The central bank could lift its tight hold on the money supply, allowing devaluation to escalate inflation.
But it's also a result of escalating grade inflation and the practice of passing even students with lackluster performance.
The advantage over rail and truck transport is clear, as the costs of these latter modes escalate with inflation.
"First, like our commercial peers here and abroad, the ABC faces production costs that are escalating faster than inflation, driven by the giant content budgets of Facebook, Apple, Amazon, Netflix and Google.
