World English Dictionary
slumpflation (slʌmpˈfleɪʃən)
a situation in which economic depression is combined with increasing inflation
[C20: blend of slump + inflation]

Collins English Dictionary - Complete & Unabridged 10th Edition
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Main Entry:  slumpflation
Part of Speech:  n
Definition:  a state of economic decline combined with rising unemployment and inflation
Etymology:  (economic) slump + (in)flation's 21st Century Lexicon
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