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cost-push

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Definition of cost-push in English:

adjective

Relating to or denoting inflation caused by increased labour or raw material costs. Contrasted with demand-pull.
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.

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