inflationary spiral

inflationary spiral (plural inflationary spirals)

1. (economics) A pattern of economic inflation in which higher wages lead to higher prices, which lead to higher wages, and so on.

• hyperinflation
• vicious circle
• snowball effect

• “inflationary spiral”, in Merriam-Webster Online Dictionary, Springfield, Mass.: Merriam-Webster, 1996–present.
• “inflationary spiral”, in Cambridge English Dictionary, Cambridge, Cambridgeshire: Cambridge University Press, 1999–present.
• “inflationary spiral” in Longman Dictionary of Contemporary English, Longman.
• “inflationary spiral” (US) / “inflationary spiral” (UK) in Macmillan English Dictionary.