stagflation
What is another word for stagflation? Here is its meaning, with related words and examples.
Noun — An economic condition in which prices keep rising while growth stalls and unemployment stays high, so the usual trade-off between inflation and jobs breaks down.
We haven't recorded synonyms for stagflation yet. You can still read its full definition, where it comes from, or words that rhyme with it.
How to use stagflation
The word patterns that sound natural to a native speaker.
fears of stagflation
1970s stagflation
stagflationary shock
slide into stagflation
Standard economic vocabulary, common in news reporting. Strongly associated with the 1970s oil shocks.
Etymology
A blend of stagnation and inflation.
Full origin of stagflation →Frequently asked questions
What is the difference between stagflation and inflation?
Inflation is simply a general rise in prices, which often happens when an economy is growing strongly. Stagflation is inflation combined with stalled growth and rising unemployment, which is far harder to treat.
Why is stagflation so hard to fix?
The standard tools pull in opposite directions. Raising interest rates cools inflation but deepens the slump and costs jobs, while stimulating growth pushes prices up further, so policymakers must choose which problem to worsen.
What causes stagflation?
Most commonly a supply shock, such as a sudden jump in oil or food prices, which raises costs across the economy while cutting output. Policy mistakes that let inflation expectations become entrenched can prolong it.
