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

Recent Examples of inflationary spiral from the Web

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.

First Known Use of inflationary spiral

1931


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