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The phrase "inflate the value" is grammatically correct and can be used in written English.
It means to artificially increase the perceived worth or importance of something. Example: The company tried to inflate the value of their product by promoting it as a luxury item, even though it was just a basic household item.
Exact(52)
Participants regularly plead poverty or inflate the value of their goods to get what they want.
Ever artificially inflate the value of some financial product, just to take advantage of others' ignorance.
THERE are several reasons people might inflate the value of secret information.
"We've found a written promise that the city would not artificially inflate the value to make it work economically".
He had been cleared over charges of "spinning" to inflate the value of companies during the dotcom boom.
In one 1997 case, organized-crime figures were charged with bribing brokers to fraudulently inflate the value of certain stocks.
Similar(8)
First, we measure the annual gross labor income in Swedish kronor (SEK) using the income registers (we inflate the values by the consumer price index to 2000 prices).
By using only the most recent available values for general acceptance rates the calculations likely inflate the values of the "CPS Advantage".
But critics contend that the city may have inflated the value of the land.
The Securities and Exchange Commission said that Oppenheimer had inflated the value of the largest investment in its fund.
The failure to disclose the regulatory requirement artificially inflated the value of the company's stock value.
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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