inflationary spiral

noun

Definition of inflationary spiral

: a continuous rise in prices that is sustained by the tendency of wage increases and cost increases to react on each other

Examples of inflationary spiral in a Sentence

Recent Examples on the Web The pandemic accelerated the move to automation; as explained in earlier blogs, an inflationary spiral is caused by something putting constant upward pressure on prices. Robert Barone, Forbes, "The Reopening High – But Long-Term Issues Cloud," 4 Apr. 2021 Specifically, the jobless rate can fall lower and government budget deficits can run higher than was once widely believed without setting off an inflationary spiral. New York Times, "The Most Important Thing Biden Can Learn From the Trump Economy," 11 Jan. 2021 Theories that held that unions were setting off an inflationary spiral by pushing for raises were one example of this kind of theory. Andrew Stuttaford, National Review, "The Capital Letter: Week of August 31," 4 Sep. 2020 The Singapore dollar may have to stay strong to ensure that an artificially tight labor market doesn’t trigger an inflationary spiral, though there’s no sign of one yet. Andy Mukherjee | Bloomberg, Washington Post, "Aging Singapore Tries to Avoid the Japan Trap," 19 Feb. 2019 The new money caused an inflationary spiral that eroded the value of any savings people had. Declan Walsh, The Seattle Times, "The tragedy of Saudi Arabia’s war in Yemen," 26 Oct. 2018 According to a study by Steve Hanke, a professor of applied economics at Johns Hopkins University, Venezuela’s inflationary spiral as of May ranked as the 23rd highest recorded. Anthony Faiola, The Seattle Times, "Venezuela’s inflation rate may hit 1,000,000 percent," 24 July 2018 One of the big ones is the possibility of setting off a further inflationary spiral. Mimi Whitefield, miamiherald, "Cuba desperately needs to reform currency system, but timing couldn’t be worse | Miami Herald," 4 Apr. 2018 By Jason Overdorf Even as India's government pours $5 billion into a scheme to ease rural unemployment, its plan may be contributing to an inflationary spiral that's making the cost of living more burdensome for the country's poor. Newsweek, "Amazing Photos of Bioluminescent Phytoplankton," 14 Mar. 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'inflationary spiral.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of inflationary spiral

1931, in the meaning defined above

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The first known use of inflationary spiral was in 1931

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Last Updated

16 Apr 2021

Cite this Entry

“Inflationary spiral.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/inflationary%20spiral. Accessed 14 May. 2021.

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