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agflation

Syllabification: (ag·fla·tion)
Pronunciation: /agˈflāSHən/

Definition of agflation

noun

Economics
  • rising food prices caused by increased demand for agricultural commodities: in 2007 agflation hit everything from cereal and baked products to meat, poultry, fish, and eggs

Origin:

early 21st century: blend of agriculture and inflation

agflation in other Oxford dictionaries

Definition of agflation in the British & World English dictionary