stagflation
stagf·la·tion
noun
1.
a period of slow economic growth and high unemployment (stagnation) while prices rise (inflation)
Origin
Blend of stagnation + inflation, generally thought to have been coined by the British politician Iain Macleod (1913-1970) in a 17 November 1965 parliamentary speech: see the quotation.
Related words
Word family
Broader terms
WordNet 2.1 (Princeton University). Wiktionary (CC BY-SA). CMU Pronouncing Dictionary. WordNet 2.1 Copyright Princeton University. All rights reserved. Wiktionary content is available under the Creative Commons Attribution-ShareAlike Licence.