inflationary spiral

noun

, Economics.

1. spiral7

inflationary spiral

noun

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

Word History and Origins

Origin of inflationary spiral¹

First recorded in 1930–35

Example Sentences

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

"We have a duty to avoid the danger that is coming for Canadian workers if we continue down Trudeau's path. Stop the inflationary spiral," Conservative leader Pierre Poilievre wrote on social media on Tuesday.

From Reuters

Mr. Putin’s invasion of Ukraine and the inflationary spiral it has spawned has made a desperate situation more desperate in this landlocked nation.

From New York Times

That may sound reasonable to some, but ministers believe is it unaffordable and could lead to an inflationary spiral.

From BBC