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Also available:
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stagflation
stag·fla·tion
[
stag fláysh'n
]
noun
Definition:
period of inflation and little growth:
a period of rising prices and unemployment but little growth in consumer demand and business activity
[
Mid-20th century. Blend of stagnation + inflation
]
stag·fla·tion·ar·y
adjective
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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