inflation in which prices increase as a result of increased production costs, as labor and parts, even when demand remains the same.
DON’T VACILLATE! VANQUISH THIS WORD OF THE DAY QUIZ!
It’d be a real faux pas to miss this quiz on the words from August 3–9, 2020!
Question 1 of 7
What does “vacillate” mean?
Also called cost-push .
Compare demand-pull inflation.
Origin of cost-push inflation
First recorded in 1965–70
Words nearby cost-push inflation
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020
British Dictionary definitions for cost-push inflation
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012