Langimage
English

cost-push

|cost/push|

C1

🇺🇸

/kɔst-pʊʃ/

🇬🇧

/kɒst-pʊʃ/

price increase due to costs

Etymology
Etymology Information

'cost-push' originates from the combination of 'cost' and 'push', where 'cost' refers to the expense incurred in production and 'push' implies a force or pressure causing movement.

Historical Evolution

'cost-push' was coined in the mid-20th century to describe a specific type of inflationary pressure.

Meaning Changes

Initially, it meant inflation driven by production costs, and this meaning has remained consistent.

Meanings by Part of Speech

Adjective 1

relating to or denoting inflation caused by increased costs of production, especially wages and raw materials.

The economy is experiencing cost-push inflation due to rising oil prices.

Synonyms

Antonyms

Last updated: 2025/02/18 21:06