ELI5: Explain Like I'm 5

Biflation

Biflation is when the prices of some things go up, and the prices of other things go down. It happens when the cost of living in an area changes a lot. For example, if the cost of rent in a city goes up, but the cost of food goes down, you'd have biflation. Sometimes biflation can affect your budget and make it harder to afford certain things.