Definition of stagflation in English:
stagflation
noun staɡˈfleɪʃ(ə)nˌstæɡˈfleɪʃ(ə)n
mass nounEconomics Persistent high inflation combined with high unemployment and stagnant demand in a country's economy.
Example sentencesExamples
- It was my disillusionment with the lack of economic opportunities associated with stagflation that politicized me.
- The result was stagflation; tighter monetary policy that did not reduce inflation, but it did lead to a small recession that increased unemployment.
- Declining business performances and soaring consumer prices indicate that the nation could suffer stagflation with low economic growth and high inflation this year.
- In the late 1960s the postwar boom unraveled, giving way to a series of economic gyrations - inflation, slump, then stagflation and slump again.
- Today's strong productivity helps protect the economy from the ravages of stagflation because it allows companies to make more with less.
Synonyms
recession, slump, decline, downturn, slowdown, standstill
Origin
1960s: blend of stagnation (see stagnate) and inflation.
Definition of stagflation in US English:
stagflation
nounˌstaɡˈflāSH(ə)nˌstæɡˈfleɪʃ(ə)n
Economics Persistent high inflation combined with high unemployment and stagnant demand in a country's economy.
Example sentencesExamples
- The result was stagflation; tighter monetary policy that did not reduce inflation, but it did lead to a small recession that increased unemployment.
- Declining business performances and soaring consumer prices indicate that the nation could suffer stagflation with low economic growth and high inflation this year.
- It was my disillusionment with the lack of economic opportunities associated with stagflation that politicized me.
- In the late 1960s the postwar boom unraveled, giving way to a series of economic gyrations - inflation, slump, then stagflation and slump again.
- Today's strong productivity helps protect the economy from the ravages of stagflation because it allows companies to make more with less.
Synonyms
recession, slump, decline, downturn, slowdown, standstill
Origin
1960s: blend of stagnation (see stagnate) and inflation.