inflationary spiral
noun [C]Definition
› a situation in which prices increase, then people are paid more in their jobs, which then causes the price of goods and services to increase again, and so onValue and price increasesEconomics and the state of the economy
(Definition of inflationary spiral noun from the Cambridge Advanced Learner's Dictionary & Thesaurus
© Cambridge University Press)
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Synonyms and related words:
- buyer's market noun
- consumer price index noun
- deflation noun (MONEY)
- downturn noun
- econometrics noun
- economist noun
- enterprise culture noun
- GDP per capita noun
- GNI noun
- macroeconomics noun
- market forces noun
- microeconomics noun
- mixed economy noun
- open-door adjective
- recession noun
- retail price index noun
- saturate verb (FILL)
- spending noun
- squeeze noun (LIMIT)
- underdeveloped adjective
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Economics
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