inflation in which prices increase as a result of increased production costs, as labor and parts, even when demand remains the same.
- Also called cost-push .
- Compare demand-pull inflation.
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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