stagflation
noun
stag·fla·tion
| \ ˌstag-ˈflā-shən
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Definition of stagflation
: persistent inflation combined with stagnant consumer demand and relatively high unemployment
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Other Words from stagflation
stagflationary
\ ˌstag-ˈflā-shə-ˌner-ē
\
adjective
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adjective
Examples of stagflation in a Sentence
Recent Examples on the Web
Today’s fears seem stuck in the 1970s, when the Arab oil embargo contributed to worldwide shortages, stagflation and a ghastly recession. — Ken Fisher, USA TODAY, "Why oil price swings won't burn America's economy or your 401(k)," 25 Aug. 2019 By Richard Ratay Scribner, 272 pages, $27 Despite energy shortages and stagflation, road trips were a mainstay of family vacations in Mr. Ratay’s youth, spurred by the Interstate Highway System and the blossoming of a motoring middle class. — Daniel Akst, WSJ, "‘Don’t Make Me Pull Over!’ Review: Station Wagon Memories," 9 Aug. 2018 For instance, there was the period of stagflation in the 70s when unemployment and inflation both went up. — Bob Sellers, Fortune, "The Famous "Phillips Curve" to Predict Inflation Isn't Working Like it Should," 14 June 2019 In 1973, a major recession hit, miring the American economy in stagflation, and deindustrialization began in earnest. — Sarah Jaffe, The New Republic, "The Road Not Taken," 24 June 2019 In fact, the Phillips curve was not a reliable rule of thumb in late-1970s stagflation, the robust, supply-side Reagan recovery in the 1980s, the Bush 43 boom and bust from 2001 to 2008 and the Obama lackluster recovery after 2008. — WSJ, "Was the Phillips Curve Ever a Reliable Tool?," 9 May 2018 So to summarize: Our closest allies — and six of the world’s ten largest economies — see this administration as a bigger problem than an oil shock and stagflation, and almost as big a problem as Russia invading Ukraine. — Heather Hurlburt, Daily Intelligencer, "How Will We Know When the Trade War Starts?," 7 June 2018 The draft, a hot-button issue for activists, ended in 1973, and boomer activism began to shift to the Equal Rights Amendment, while the country as a whole was buffeted by the oil crisis and then stagflation. — James Sullivan, BostonGlobe.com, "Whatever happened to those radical boomer activists from the ’60s and ’70s?," 6 June 2018 President Richard Nixon’s import surcharge contributed to the stagflation of the 1970s. — Matthew Shay, Fortune, "How Trump Can Get Our China Trade Policy Back on Track," 14 May 2018These example sentences are selected automatically from various online news sources to reflect current usage of the word 'stagflation.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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More Definitions for stagflation
stagflation
noun
English Language Learners Definition of stagflation
: an economic situation in which prices of goods and services continually increase, many people do not have jobs, and businesses are not very successful
See the full definition for stagflation in the English Language Learners Dictionary