Usually means: Prices and wages continuously rise.
Definitions Related words Mentions
We found 4 dictionaries that define the word inflationary spirals:

General (4 matching dictionaries)
  1. inflationary spirals: Merriam-Webster
  2. inflationary spirals: Collins English Dictionary
  3. inflationary spirals: Vocabulary.com
  4. inflationary spirals: Cambridge Advanced Learner's Dictionary

(Note: See inflationary_spiral as well.)

Definitions from Wiktionary (inflationary spiral)

noun:  (economics) A pattern of economic inflation in which higher wages lead to higher prices, which lead to higher wages, and so on.
▸ Also see inflationary_spiral


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