[noun] [C] - a small spot of light, sometimes with a short sharp sound, that appears on a radar screen, or a sudden sharp V-shaped bend in a line on a computer screen(figurative) Last month's rise in inflation was described by the chancellor as only a blip (= temporary change), and the figure should continue to fall in future.
BLIP
Meaning of BLIP in English
Cambridge English vocab. Кембриджский английский словарь. 2012