What does the term "galloping inflation" mean?

Answer

Galloping inflation is another term for 'hyperinflation.' Hyperinflation, in economics, occurs when the rate of inflation in a country accelerates very quickly, and is perceived to be unstoppable. Hyperinflations are often associated with war and various types of sociopolitical upheaval.
Q&A Related to "What does the term "galloping inflation" mean?"
Galloping Inflation When the movement of price accelerates rapidly, running inflation emerges. Running inflation may record more than 100 per cent rise in prices over a decade. Thus
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Galloping inflation is the label for double-digit rates of annual increases in the price
http://www.chacha.com/question/what-is-galloping-i...
Dear Yousaf, Inflation is a situation where there is a sustained and persistent rise in the general price level, usually over one year. Galloping Inflation is known from its difference
http://en.allexperts.com/q/Economics-2301/Macroeco...
An informal term for double digit inflation or hyperinflation. The term conjures the image of a horse running at top speed.
http://financial-dictionary.thefreedictionary.com/...
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