inflationary spiral


noun Economics.

See under spiral (def. 7).

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Origin of inflationary spiral

First recorded in 1930–35
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

British Dictionary definitions for inflationary spiral

inflationary spiral

noun

the situation in which price and income increases may each induce further rises in the other
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