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词汇 stagflation
释义

Definition of stagflation in English:

stagflation

noun staɡˈfleɪʃ(ə)nˌstæɡˈfleɪʃ(ə)n
mass nounEconomics
  • Persistent high inflation combined with high unemployment and stagnant demand in a country's economy.

    〔经济〕滞胀

    Example sentencesExamples
    • It was my disillusionment with the lack of economic opportunities associated with stagflation that politicized me.
    • The result was stagflation; tighter monetary policy that did not reduce inflation, but it did lead to a small recession that increased unemployment.
    • Declining business performances and soaring consumer prices indicate that the nation could suffer stagflation with low economic growth and high inflation this year.
    • In the late 1960s the postwar boom unraveled, giving way to a series of economic gyrations - inflation, slump, then stagflation and slump again.
    • Today's strong productivity helps protect the economy from the ravages of stagflation because it allows companies to make more with less.
    Synonyms
    recession, slump, decline, downturn, slowdown, standstill

Origin

1960s: blend of stagnation (see stagnate) and inflation.

Definition of stagflation in US English:

stagflation

nounˌstaɡˈflāSH(ə)nˌstæɡˈfleɪʃ(ə)n
Economics
  • Persistent high inflation combined with high unemployment and stagnant demand in a country's economy.

    〔经济〕滞胀

    Example sentencesExamples
    • The result was stagflation; tighter monetary policy that did not reduce inflation, but it did lead to a small recession that increased unemployment.
    • Declining business performances and soaring consumer prices indicate that the nation could suffer stagflation with low economic growth and high inflation this year.
    • It was my disillusionment with the lack of economic opportunities associated with stagflation that politicized me.
    • In the late 1960s the postwar boom unraveled, giving way to a series of economic gyrations - inflation, slump, then stagflation and slump again.
    • Today's strong productivity helps protect the economy from the ravages of stagflation because it allows companies to make more with less.
    Synonyms
    recession, slump, decline, downturn, slowdown, standstill

Origin

1960s: blend of stagnation (see stagnate) and inflation.

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