stagflation
stagf
ˈstægf
stāgf
la
leɪ
lei
tion
ʃən
shēn
/stæɡflˈe‍ɪʃən/

Definition & Meaning of "stagflation"in English

Stagflation
01

an economic situation with persistent high inflation and a high unemployment rate

Examples
The country experienced stagflation, with prices rising and jobs disappearing.
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