Inflation as the economic phenomenon is known from old time. However it one of the most sensible problems of modern economy of almost entire countries of the world. Essence of inflation is in-process considered, it economic nature and factors, influence on financial market development and economy on the whole. The theories of inflation of different economic schools and their recommendations are analysed in relation to the ways of overcoming of this phenomenon stabilizing of money circulation. The features of inflation processes and certainly priority directions are found out in Ukraine.