graaiflatie

Dutch

This Dutch term is a hot word. Its inclusion on Wiktionary is provisional.

Etymology

Blend of graaien (“to snatch, grab”) +‎ inflatie (“inflation”). Gained currency during the 2021-2023 inflation surge.

Pronunciation

  • Audio:(file)

Noun

graaiflatie f (uncountable, no diminutive)

  1. greedflation
    • 2023 May 5, Mark Beunderman, Erik van der Walle, “De verliezers van de inflatie lijken duidelijk: de consumenten. Maar wie zijn de winnaars? [Inflation losers seem obvious: consumers. But who are the winners?]”, in NRC‎[1], archived from the original on 28 January 2024:
      De bankeconomen moesten diep in de cijfers duiken om de graaiflatie te ontdekken. Met resultaat. Zij concluderen dat de extra prijsstijging – die dus niet het gevolg is van duurder aardgas of personeel – een serieuze omvang kent.
      Economists had to dig deep to find greedflation. They succeeded. They concluded that excess price increases – beyond the increased costs of gas or personnel – are significant.
    • [2024 December 7, “Niederlande sagen Wahl zum "Wort des Jahres" ab [Netherlands calls election for "Word of the Year"]”, in Frankfurter Allgemeine Zeitung (in German):
      Im vergangenen Jahr etwa gewann "graaiflatie", die "Abgreifinflation" oder "Gierflation", Englisch "greedflation". Eine Inflation, die dadurch befeuert wird, dass Unternehmen dem Verbraucher mehr als nur die eigenen Kostensteigerungen aufbürden.
      Last year, for example, "graaiflatie", that is "Abgreifinflation" or "Gierflation" or in English "greedflation", gained support. That is inflation caused by companies raising prices by more than their increased costs.]
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