Might mean (unverified): Economic stagnation with persistent inflation.
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We found one dictionary that defines the word slumpflationary:

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  1. slumpflationary: Wiktionary

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Definitions from Wiktionary (slumpflationary)

▸ adjective:  Relating to slumpflation.

Similar:
deflational, deflationary, reflationary, inflatory, recessionary, recessionist, stagnational, collapsitarian, contractionary, declinational, more...

Opposite:
boom, growth, expansion, prosperity

▸ Words similar to slumpflationary

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Similar:
deflational, deflationary, reflationary, inflatory, recessionary, recessionist, stagnational, collapsitarian, contractionary, declinational, more...

Opposite:
boom, growth, expansion, prosperity



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