stagflation

[ stag-fley-shuhn ]

noun

1. an inflationary period accompanied by rising unemployment and lack of growth in consumer demand and business activity.

stagflation

/ stæɡˈfleɪʃən /

noun

1. a situation in which inflation is combined with stagnant or falling output and employment

stagflation

1. An economic phenomenon of the late 1960s and 1970s characterized by sluggish economic growth and high inflation . The word is a blend of stagnation and inflation .

Word History and Origins

Origin of stagflation¹

First recorded in 1965–70; stag(nation) ( def ) + (in)flation

Word History and Origins

Origin of stagflation¹

C20: blend of stagnation + inflation

Example Sentences

The divisions exposed at the convention were not the only cause for Carter’s loss to Reagan — the U.S. hostages seized in Iran and “stagflation” were key.

From Los Angeles Times

Hopes have climbed that the economy can avoid what’s called “stagflation” and hit the bull’s eye where it cools enough to get inflation under control but stays sturdy enough to avoid a bad recession.

From Seattle Times

Powell does not see a risk of stagflation.

From New York Times

The inflation surge of 2021-22 temporarily boosted the credibility of critics of government spending, but this credibility evaporated when dire warnings about persistent stagflation proved utterly wrong.

From Seattle Times

When the economy is struggling to grow at the same time as there is high inflation, there can be a situation called "stagflation".

From BBC