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wage-push inflation

American  
[weyj-poosh] / ˈweɪdʒˌpʊʃ /

noun

  1. an inflationary trend caused by wage increases that in turn cause rises in production costs and prices.


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

With the Phillips curve as a guide, any more declines in the unemployment rate may carry a steepening cost in terms of sparking wage-push inflation.

From New York Times • Nov. 4, 2016

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