stagflation

American  

[stag-fley-shuhn] / stægˈfleɪ ʃən /

noun

1. an inflationary period accompanied by rising unemployment and lack of growth in consumer demand and business activity.

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stagflation British  

/ stæɡˈfleɪʃən /

noun

1. a situation in which inflation is combined with stagnant or falling output and employment

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stagflation Cultural  

1. An economic phenomenon of the late 1960s and 1970s characterized by sluggish economic growth and high inflation. The word is a blend of stagnation and inflation.

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Etymology

Origin of stagflation

First recorded in 1965–70; stag(nation) ( def. ) + (in)flation

Example Sentences

Meanwhile, long-term interest rates and mortgage rates would be soaring and the economy would be faced with stagflation and a deepening housing-market slump.

From MarketWatch

When officials confronted a similar dilemma, during the so-called stagflation of the 1970s, the central bank’s stop-and-go response allowed high inflation to become entrenched.

From The Wall Street Journal

A divided committee, missing data and a whiff of stagflation present a choice between two paths—each with drawbacks.

From The Wall Street Journal

This, time may, in fact, be different—we may have a more sustained selloff driven by a recession, a geopolitical crisis, or even stagflation.

From Barron's

The outlook for gold remains optimistic, supported by U.S. dollar weakness, lower interest-rate expectations, and stagflation concerns.

From Barron's