Stagflation — meaning in English
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English meaning
- stagflation 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.
Senses
Stagflation is used for these senses in English:
- stagflation (economics) Prolonged high inflation accompanied by stagnant growth, often with recession and high unemployment. [from 1965]
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