stagflation
pronunciation
How to pronounce stagflation in British English:
UK [stægˈfleɪʃn]
How to pronounce stagflation in American English:
US [stæɡˈfleʃən]
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- Noun:
- a period of slow economic growth and high unemployment (stagnation) while prices rise (inflation)
Word Origin
- stagflation (n.)
- 1965, apparently coined by U.K. politician Iain Macleod (1913-1970), from stag(nation) + (in)flation. Attacking the Government's economic policy last night in the House of Commons, Mr. Iain Macleod (West Enfield - Con.) the Opposition spokesman on Treasury and economic affairs, described the present situation in Britain as "stagflation" -- stagnation and inflation together. ["Glasgow Herald," Nov. 18, 1965]
Example
- 1. Fears of 1970s-style stagflation are back in the air .
- 2. Instead , the world is sliding into stagflation .
- 3. The risks of a new stagflation are mounting .
- 4. A few months ago , stagflation seemed a serious threat .
- 5. America was mired in stagflation , with an unemployment rate nearing double digits .