inflationary spiral


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inflationary spiral

n
(Economics) the situation in which price and income increases may each induce further rises in the other

infla′tionary spi′ral


n.
a cycle of worsening inflation as higher prices result in higher wages, increasing costs and resulting in still higher prices.
[1930–35]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.inflationary spiral - an episode of inflation in which prices and wages increase at an increasing rate and currency rapidly loses value
spiral - a continuously accelerating change in the economy
deflationary spiral - an episode of deflation in which prices and wages decrease at an increasing rate and currency gains in value
References in periodicals archive ?
It was feared that the measures contained in the 2018 Budget Law would result in an increase in the price index and trigger an inflationary spiral.
His reforms, though at times brutal, did rescue the Turkish economy from the inflationary spiral, putting it back on the path of sustained growth for the first time since the 1950s.
Minister Dragan Tevdovski reassures that the increase isn't going to set off the inflationary spiral.
The decisive steps taken by the Government along with decline in crude prices from its high levels in 2013-14 and benign global prices of tradables helped the economy to get out from inflationary spiral to relatively stable prices.
Chief executive Lord Wolfson said the impact of the Brexit vote on the pound "doesn't look like it's fuelling an inflationary spiral and is passing right through".
PSG and Man City's funding by state-aid distorts European competitions and creates an inflationary spiral that is irreparably harming the football industry," LFP president Javier Tebas said in a statement on Monday.
The rise in the prices of goods and services would lead to a cost-push inflationary spiral,' Ecop said in a paper.
I hope readers see the roots, that everything that existed then - from banks and the inflationary spiral to the burning of libraries - exists today," he said in an interview with the New York Times Book Review in 1983.
Industries, balance of trade and payments and capital formation have adversely been affected and the growing debt burdens and inflationary spiral have further overburden the country.
The Nairu is supposed to be the unemployment rate at which the economy overheats and an inflationary spiral starts to kick in.
With a stream of new projects set to emerge from the pipeline this year, especially those from the government sector, this would have been enough to set off an inflationary spiral and stretch margins in the industry.
boosting growth and reverse the downward inflationary spiral.