stagflationary
/stæɡˈfleɪʃəˌnɛri/
adjective
- Relating to or causing stagflation (a combination of high inflation, high unemployment, and slow economic growth).
- The central bank introduced new policies to fight stagflationary pressures.
- Many countries experienced stagflationary conditions after the oil crisis.
- Stagflationary trends make it hard for businesses to plan for the future.