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)

Credits