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cost-push inflation

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

Origin of cost-push inflation

First recorded in 1965–70
Also called cost-push.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
British Dictionary definitions for cost-push inflation

cost-push inflation

noun
  1. See inflation
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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