单词 | cost inflation |
释义 | > as lemmascost inflation cost inflation n. inflation thought to be caused by increases in labour or raw material costs, based on the belief that businesses in turn increase prices to maintain profit levels (cf. cost push n.); (in earlier use more generally) undue increase in the price of something. ΚΠ 1919 Manitoba Free Press 9 Jan. 1/5 The first day's session of the adjourned sittings of the Paper Control Tribunal was remarkable chiefly for charges of cost inflation made against the paper manufacturers. 1943 Law & Contemp. Probl. 10 123 High excess profits taxes on corporations..may well encourage cost inflation. 1965 Economist 25 Sept. p. xxvi/2 Some extreme structuralists argue that demand deflation is actually likely to increase cost inflation in these Latin American countries. 2014 A. Major Architects of Austerity iv. 86 The Economic Policy Committee lumped Italy in with those other countries of Western Europe where cost inflation was becoming a major concern. < as lemmas |
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