| / English Dictionary |
STAGFLATION
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A period of slow economic growth and high unemployment (stagnation) while prices rise (inflation)
Classified under:
Nouns denoting natural processes
Hypernyms ("stagflation" is a kind of...):
inflation; rising prices (a general and progressive increase in prices)
Derivation:
stagflationary (characteristic of or promoting stagflation)
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