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English definition of “stagflation”

stagflation

noun [U]     /stæɡˈfleɪ.ʃən/
specialized finance & economics san economic situation in which prices keep rising but economic activity does not increaseValue and price increasesEconomics and the state of the economy
(Definition of stagflation noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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