Less Ads, More Data, More Tools Register for FREE

Wage-Price Spiral

Definition of 'Wage-Price Spiral'

The tendency during inclation for wage increases to lead to price increases and for price increases to lead to wage increase, thus creating an inflationary spiral.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.