Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “inflationary spiral”

inflationary spiral

noun [C]    
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)
Focus on the pronunciation of inflationary spiral

Translations of “inflationary spiral”

Word of the Day

friendship

a situation in which two people are friends

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More