stagflation Hear it!

stagflation definition

stag·fla·tion (stag flā′s̸hən)

noun

an economic condition marked by a continuing inflation together with a decline in business activity and an increase in unemployment

Etymology: stag(nation) + (in)flation

Webster's New World College Dictionary Copyright © 2009 by Wiley Publishing, Inc., Cleveland, Ohio.
Used by arrangement with John Wiley & Sons, Inc.

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