wage-push inflation
wage-push
inflation Finance Definition
A situation where a rapid increase in workersÂ’
wages causes the rate of inflation to increase. When workersÂ’ incomes rise,
they have additional money to spend. As those dollars go into the economy, the
competition for goods increase and prices move upward.
Browse dictionary entries near wage-push inflation
- wage earner
- wage
- wag
- wafture
- wafter
- waftage
- waft
- waffle iron
- waffle
- waff
- wage scale
- wager
- wageworker
- waggery
- waggish
- waggle
- waggon
- Wagner
- Wagnerian
- wagon
