Definition of “stagflation” - English Dictionary

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“stagflation” in British English

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stagflationnoun [ U ]

uk /stæɡˈfleɪ.ʃən/ us /stæɡˈfleɪ.ʃən/

(Definition of “stagflation” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“stagflation” in Business English

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stagflationnoun [ U ]

uk /ˌstæɡˈfleɪʃən/ us ECONOMICS

a situation in which prices keep rising but economic activity does not increase:

The oil shock helped tip the US into stagflation with prices rising 13% a year.

(Definition of “stagflation” from the Cambridge Business English Dictionary © Cambridge University Press)