stagflation

English dictionary entry

Meanings

noun
  1. Prolonged high inflation accompanied by stagnant growth, often with recession and high unemployment.

Pronunciation

/ˌstæɡˈfleɪʃn̩/ LL-Q1860 (eng)-Vealhurl-stagflation.wav /ˌstæɡˈfleɪʃ(ə)n/

Word forms

stagflation stagflations

Etymology

Blend of stagnation + inflation, generally thought to have been coined by the British politician Iain Macleod (1913–1970) in a 17 November 1965 parliamentary speech: see the quotation.

Related words

Derived words

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