Stagflation
noun
A situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high.
The country is experiencing stagflation, leading to concerns among economists.
Usage tips
Formal
rising inflation,high unemployment,economic stagnation
noun
A situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high.
The country is experiencing stagflation, leading to concerns among economists.
Usage tips
Formal
rising inflation,high unemployment,economic stagnation
Definition 1 of 1
Pro Tip 1/3Economic context
Stagflation is primarily discussed in economic contexts where growth and inflation are at odds
In the 1970s, many Western economies faced stagflation due to oil crises.
Pro Tip 2/3Awareness of inflation
Understanding stagflation requires a grasp of how inflation affects purchasing power and savings
As inflation rises, everyday goods become more expensive, squeezing consumer budgets.
Pro Tip 3/3Impact on policy
Stagflation can complicate government responses to economic issues
Governments may struggle to balance the need for stimulus with controlling inflation.
Pro Tip 1/3Economic context
Stagflation is primarily discussed in economic contexts where growth and inflation are at odds
In the 1970s, many Western economies faced stagflation due to oil crises.
Pro Tip 2/3Awareness of inflation
Understanding stagflation requires a grasp of how inflation affects purchasing power and savings
As inflation rises, everyday goods become more expensive, squeezing consumer budgets.
Pro Tip 3/3Impact on policy
Stagflation can complicate government responses to economic issues
Governments may struggle to balance the need for stimulus with controlling inflation.
Pro Tip 1/3Economic context
Stagflation is primarily discussed in economic contexts where growth and inflation are at odds
In the 1970s, many Western economies faced stagflation due to oil crises.
Pro Tip 2/3Awareness of inflation
Understanding stagflation requires a grasp of how inflation affects purchasing power and savings
As inflation rises, everyday goods become more expensive, squeezing consumer budgets.
Pro Tip 3/3Impact on policy
Stagflation can complicate government responses to economic issues
Governments may struggle to balance the need for stimulus with controlling inflation.
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