Definition of cost-push in English:
Relating to or denoting inflation caused by increased labour or raw material costs. Contrasted with demand-pull.
- 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.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia