stagflation

noun
🔊/stæɡˈfleɪʃn/
🔊/stæɡˈfleɪʃn/
[uncountable]
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  1. an economic situation where there is high inflation (= prices rising continuously) but no increase in the jobs that are available or in business activity滞胀(高通胀与低就业率或经济低迷并存)Topics Moneyc2
    Word Origin1960s: blend of stagnation (see stagnate) and inflation.