Definition of cost-push in English:

cost-push

Line breaks: cost-push

adjective

  • Relating to or denoting inflation caused by increased labour or raw material costs. Contrasted with demand-pull.
    More example sentences
    • The effect was to generate cost-push inflation, squeezing profits and dampening investment.
    • When I studied economics in school, I read about cost-push inflation.
    • She said unions must realise that large, unilateral wage increases in the public sector are key drivers of cost-push inflation and set an important benchmark for the private sector.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

Word of the day kerf
Pronunciation: kəːf
noun
a slit made by cutting with a saw