stagflationn.
/staɡˈfleɪʃən/ Economics.
A state of the economy in which stagnant demand is accompanied by severe inflation.
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society > trade and finance > management of money > management of national resources > [noun] > political economy > states or trends of the economy
inflation1821
economic cycle1832
recovery1843
downdraught1852
perfect competition1853
downturn1858
softness1872
slump1888
downtrend1890
sag1891
under-consumption1895
recession1905
downdrift1906
economic recession1908
air pocket1913
stickiness1913
trough1916
deflation1920
downswing1922
slowdown1922
scissors1924
scissors crisis1925
uptrend1926
reflation1932
depresh1933
upswing1934
stagnation1938
countercycle1944
fiscal cliff1957
turn-down1957
stagflation1965
soft landing1973
slumpflation1974
downer1976
1965 I. Macleod Hansard Commons 17 Nov. 1165/1 We now have the worst of both worlds—not just inflation on the one side or stagnation on the other, but both of them together. We have a sort of ‘stagflation’ situation.
1971 R. Boyson Down with Poor 5 The result of all this extra state interference..has been..what might be called rampant stagflation, that is to say stagnation in production and raging inflation which..destroys belief in the future.
1974 W. Rees-Mogg Reigning Error iv. 75 So-called stagflation and slumpflation are the inevitable reflection of the progressive divergence between a rising nominal and a falling real supply of money.
1976 F. Zweig New Acquisitive Society ii. xi. 137 Even recession, stagnation, ‘stag-flation’ or steeply rising unemployment do not rule out wage explosions.
1979 N.Y. Rev. Bks. 25 Oct. 44/2 Stagflation ate away at prosperity. In 1975 industrial production fell.
This entry has not yet been fully updated (first published 1986; most recently modified version published online June 2018).
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n.1965