wage-push inflation Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “wage-push inflation” in the English Dictionary

"wage-push inflation" in Business English

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wage-push inflationnoun [U]

uk   us   ECONOMICS
a ​rise in ​prices caused by a ​rise in the ​amount that ​workersearn, which ​increases the ​cost of ​producinggoods: The ​economy can continue at its ​currentpace indefinitely without wage-push ​inflation.
(Definition of wage-push inflation from the Cambridge Business English Dictionary © Cambridge University Press)
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