inflationary spiral
noun [ C ] uk/ɪnˌfleɪ.ʃən.ər.i ˈspaɪə.rəl/ us/ɪnˌfleɪ.ʃən.er.i ˈspaɪr.əl/
通胀螺旋(指物价提高和工资增加两者交互作用引起的物价持续上涨)
a situation in which prices increase, then people are paid more in their jobs, which then causes the price of goods and services to increase again, and so on