excess demand

British  

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

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Example Sentences

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

From 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.

From The Wall Street Journal

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

From 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.

From 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.

From Seattle Times