stagflation
stag·fla·tion
noun \ˌstag-ˈflā-shən\Definition of STAGFLATION
: persistent inflation combined with stagnant consumer demand and relatively high unemployment
— stag·fla·tion·ary \-shə-ˌner-ē\ adjective
Origin of STAGFLATION
blend of stagnation and inflation
First Known Use: 1965
Other Economics Terms
Rhymes with STAGFLATION
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All Words Near: stagflation
Previous Word in the Dictionary: stagewise (adverb)
All Words Near: stagflation
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