stagflation

[ stag-fley-shuh n ]
/ stægˈfleɪ ʃən /

noun

an inflationary period accompanied by rising unemployment and lack of growth in consumer demand and business activity.

Origin of stagflation

1965–70; blend of stagnation and inflation

Words nearby stagflation

Example sentences from the Web for stagflation

British Dictionary definitions for stagflation

stagflation
/ (stæɡˈfleɪʃən) /

noun

a situation in which inflation is combined with stagnant or falling output and employment

Word Origin for stagflation

C20: blend of stagnation + inflation

Cultural definitions for stagflation

stagflation

An economic phenomenon of the late 1960s and 1970s characterized by sluggish economic growth and high inflation. The word is a blend of stagnation and inflation.