Longman Dictionary of Contemporary English homepage

Date: 1900-2000
Origin: stagnation + inflation

stagflation

 noun
     
Related topics: Economics
stag‧fla‧tion [uncountable]
PE an 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
Definition from the Longman Dictionary of Contemporary English
Advanced Learner's Dictionary.

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