wage-push inflation

American  

[weyj-poosh] / ˈweɪdʒˌpʊʃ /

noun

1. an inflationary trend caused by wage increases that in turn cause rises in production costs and prices.

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Example Sentences

Wages may be just months away from heading into the stratosphere where they start producing wage-push inflation the country hasn't seen since the ‘60s and ‘70s, he said.

From Los Angeles Times

Real wages aren't rising sufficiently to cause wage-push inflation, and the real unemployment rate is much higher than what the Federal Reserve claims.

From New York Times

With the Phillips curve as a guide, any more declines in the unemployment rate may carry a steepening cost in terms of sparking wage-push inflation.

From New York Times

The answer to the stark question posed on the 14 July 1974 cover of Time magazine – "Can Capitalism Survive?" – was given at the end of that decade by the determination of the Federal Reserve under Paul Volcker to break wage-push inflation.

From The Guardian

Under former chairman Paul Volcker, the Federal Reserve of the late 1970s resolved to break wage-push inflation.

From The Guardian