inflationary spiral

/ɪnˌfleɪʃənəri ˈspaɪrəl/ (say in.flayshuhnuhree 'spuyruhl)

noun
the situation in which increasing prices lead to increasing wages which lead to increasing prices, and so on.

Australian English dictionary. 2014.

Look at other dictionaries:

  • inflationary spiral — ☆ inflationary spiral n. a continuous and accelerating rise in the prices of goods and services, primarily due to the interaction of increases in wages and costs …   English World dictionary

  • inflationary spiral — noun an episode of inflation in which prices and wages increase at an increasing rate and currency rapidly loses value • Ant: ↑deflationary spiral • Hypernyms: ↑spiral * * * noun : a continuous rise in prices that is sustained by the tendency of… …   Useful english dictionary

  • inflationary spiral — UK / US noun [countable] Word forms inflationary spiral : singular inflationary spiral plural inflationary spirals economics an economic situation in which higher prices cause higher salaries, which in turn cause even higher prices …   English dictionary

  • inflationary spiral — Synonyms and related words: big price tag, bottom price, business index, ceiling, ceiling price, consumer price index, cost of living index, demand curve, extortionate price, famine price, fancy price, floor, floor price, good price, high price,… …   Moby Thesaurus

  • inflationary spiral — Econ the vicious circle in which, in inflationary conditions, excess demand causes producers to raise prices and workers to demand wage rises to sustain their living standards …   The ultimate business dictionary

  • inflationary spiral — Econ. See under spiral (def. 7). [1930 35] * * * …   Universalium

  • inflationary spiral — noun Date: 1931 a continuous rise in prices that is sustained by the tendency of wage increases and cost increases to react on each other …   New Collegiate Dictionary

  • inflationary spiral — infla′tionary spi′ral n. bus a cycle of worsening inflation as higher prices result in higher wages, increasing costs and resulting in still higher prices • Etymology: 1930–35 …   From formal English to slang

  • spiral — [spī′rəl] adj. [ML spiralis < L spira, a coil < Gr speira: see SPIRE1] 1. circling around a central point in a flat, two dimensional curve that constantly increases (or decreases) in size 2. circling around a central axis in a conical or… …   English World dictionary

  • spiral — n. an inflationary; wage price spiral (a vicious inflationary spiral) * * * [ spaɪ(ə)rəl] wage price spiral (a vicious inflationary spiral) an inflationary …   Combinatory dictionary

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