Definition of cost-push in English:

cost-push

adjective

  • Relating to or denoting inflation caused by increased labour or raw material costs.

    Contrasted with demand-pull
    • ‘When I studied economics in school, I read about cost-push inflation.’
    • ‘When there is a decrease in the aggregate supply of goods and services stemming from an increase in the cost of production, we have cost-push inflation.’
    • ‘The effect was to generate cost-push inflation, squeezing profits and dampening investment.’
    • ‘She said unions must realise that large, unilateral wage increases in the public sector are key drivers of cost-push inflation and set an important benchmark for the private sector.’
    • ‘Moreover, the underlying inflationary theory is a cost-push one, which is what most orthodox explanation of inflation of the 1970s offer.’