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slumpflation

/slʌmpˈfleɪʃən/
noun
1.
a situation in which economic depression is combined with increasing inflation
Word Origin
C20: blend of slump + inflation
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Contemporary definitions for slumpflation
noun

a state of economic decline combined with rising unemployment and inflation

Word Origin

(economic) slump + (in)flation

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