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词汇 cost-push
释义

Definition of cost-push in English:

cost-push

adjective
  • Relating to or denoting inflation caused by increased labour or raw material costs.

    (与)(劳动力或原材料价格提高造成的)通货膨胀(有关)的;成本提高型通货膨胀的

    Contrasted with demand-pull
    Example sentencesExamples
    • The effect was to generate cost-push inflation, squeezing profits and dampening investment.
    • She said unions must realise that large, unilateral wage increases in the public sector are key drivers of cost-push inflation and set an important benchmark for the private sector.
    • When I studied economics in school, I read about cost-push inflation.
    • When there is a decrease in the aggregate supply of goods and services stemming from an increase in the cost of production, we have cost-push inflation.
    • Moreover, the underlying inflationary theory is a cost-push one, which is what most orthodox explanation of inflation of the 1970s offer.
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