Higher inflation refers to a situation where the prices of goods and services increase more rapidly. It means that you will need to spend more money to buy the same things as before. Full definition
This reflects partly the brief period of high inflation in 2007 — 08, and some big swings in oil and utilities prices over the decade. (rba.gov.au)
The Brazilian economy has experienced in the past, and may continue to experience, periods of high inflation rates and political unrest. (libertyshares.com)