cost-push

noun

ˈkȯs(t)-ˌpu̇sh 

: an increase or upward trend in production costs (such as wages) that tends to result in increased consumer prices irrespective of the level of demand compare demand-pull

cost-push adjective

Examples of cost-push in a Sentence

Recent Examples on the Web

And second, the core services ex-shelter inflation measure is often used to gauge something called cost-push inflation, which is driven by wage or wealth increases, and can signal rising prices have become entrenched in the economy. —Will Daniel, Fortune, 23 May 2024

In the ice cream shop scenario, cost-push inflation would happen if the cost of ingredients like milk and sugar increases, and the ice cream shop owner has to raise prices in order to continue making a profit. —Erica Jackson Curran, Parents, 28 Jan. 2024

Word History

First Known Use

1951, in the meaning defined above