misery index - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “misery index”

misery index

noun [S]
 
 
ECONOMICS
a measure of how the economy of a country is doing that combines the rate of inflation and the unemployment rate: the misery index rises/falls Inflation is no longer a problem, and as a result, the misery index is much lower.
(Definition of misery index from the Cambridge Business English Dictionary © Cambridge University Press)
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