misery index Meaning in the Cambridge English Dictionary
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Meaning of “misery index” in the English Dictionary

"misery index" in Business English

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misery indexnoun [S]

uk   us   ECONOMICS
a ​measure of how the ​economy of a country is doing that ​combines the ​rate of ​inflation and the unemploymentrate: the misery ​indexrises/​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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