English version

stagflation in Economics topic

From Longman Dictionary of Contemporary Englishstagflationstag‧fla‧tion /stæɡˈfleɪʃən/ noun [uncountable] 🔊 🔊 PEan economic situation in which there is inflation (=a continuing rise in prices) but many people do not have jobs and businesses are not doing well
Examples from the Corpus
stagflationMost of the downtown bread stores have been driven out of business by stagflation.This will be difficult to do in a period of stagflation.