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

Many have long suspected that forces more sinister than excess demand and limited supply were gobbling up coveted foursomes.

From Los Angeles Times

"The excess demand in the economy that made it too easy to raise prices is now gone."

From Reuters