rampant inflation

Translations
стремительная инфляция
The country is facing rampant inflation, causing prices to skyrocket.
Страна сталкивается со стремительной инфляцией, что вызывает резкий рост цен.
Definitions
Rampant inflation refers to a situation where prices for goods and services rise rapidly and uncontrollably, often exceeding 10% per year, leading to a decrease in the purchasing power of money and creating economic instability.