cost-push inflation
noun
inflation in which prices increase as a result of increased production costs, as labor and parts, even when demand remains the same.
Compare demand-pull inflation.
Origin of cost-push inflation
First recorded in 1965–70
Also called cost-push.
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Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
Related Words for cost-push inflation
cost-pushcost-push inflation
noun
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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