cost-push

noun
\ ˈkȯs(t)-ˌpu̇sh How to pronounce cost-push (audio) \

Definition of cost-push

: an increase or upward trend in production costs (such as wages) that tends to result in increased consumer prices irrespective of the level of demand — compare demand-pull

Other Words from cost-push

cost-push adjective

First Known Use of cost-push

1951, in the meaning defined above

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The first known use of cost-push was in 1951

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Cite this Entry

“Cost-push.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/cost-push. Accessed 24 Nov. 2020.

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