Looking for the meaning of the word STAGFLATION in English for both noun and verb forms from the Oxford Dictionary? Below, you can explore all possible meanings and definitions of STAGFLATION with sentence examples. You can also use the “AUDIO PRONUNCIATION” track to check the correct pronunciation in British English.
Word: Stagflation
Speech Type: Noun
Etymology:
1960s: blend of stagnation (see stagnate) and inflation
Audio Pronunciation:
Phonetic Spelling:
ˌstaɡˈfleɪʃn
Dialects: British English
Definition:
persistent high inflation combined with high unemployment and stagnant demand in a country's economy.
Short Definition:persistent high inflation combined with high unemployment and stagnant demand in country's economy
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