The term agflation first appeared in 2007, a blend of agriculture and inflation. It follows the creative example of the expression stagflation – a combination of stagnant and inflation – which refers to an economy suffering from stagnant economic growth while inflation continues to rise. Stagflation was coined back in the 1960s, but has recently emerged from obscurity, enjoying a renaissance in the media in the context of an unhealthy economic climate. On the same theme, another lexical variation is slugflation, a blend of sluggish and inflation referring to a period of sluggish (i.e. slow) economic growth and rising inflation.