excess demand

noun

1. economics a situation in which the market demand for a commodity is greater than its market supply, thus causing its market price to rise

Example Sentences

Hiring had moderated, wage gains were uneven, and the postpandemic excess demand for workers was ebbing.

Read more on Barron's

Looking ahead, the central bank expects headline inflation to remain moderate next year amid easing in global cost pressures, while core inflation should stay close to its long-term average given the absence of excess demand pressures.

Read more on The Wall Street Journal

The first rate cut is easing pressure on borrowers without unleashing excess demand.

Read more on MarketWatch

It would also increase unemployment, since most undocumented immigrants generate excess demand for additional services that will disappear with them, because this is what happens when you shrink the population of people that you can sell things to.

Read more on Slate

“The US inflation hump was comparatively driven more by excess demand than European inflation, created by the vastly expansionary US fiscal policy,” he wrote in an email.

Read more on Seattle Times