inflationary spiral

American  

noun

Economics.

1. spiral7

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inflationary spiral British  

noun

1. the situation in which price and income increases may each induce further rises in the other

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Etymology

Origin of inflationary spiral

First recorded in 1930–35

Example Sentences

That began to change in 1950, when the process of paying for war expenses had triggered an inflationary spiral.

From Los Angeles Times

Still, with all that was learned from the 1970s, it might seem surprising that we’d find ourselves in another great inflationary spiral.

From Seattle Times

The government, trying to address the impact of rising prices while preventing an inflationary spiral, has been keen to promote such tax-free payments, which have featured in other wage deals in recent months.

From Seattle Times

Chancellor OIaf Scholz has sought to find ways with unions and employers to address the impact of rising prices while preventing an inflationary spiral.

From Seattle Times

Barcelona, stung by the loss of Neymar, quickly found itself trapped in an inflationary spiral.

From Seattle Times