工资-价格螺旋是工资提高引起价格上涨，价格上涨又引起工资提高的现象。
价格上涨改变通胀预期，致使工人为维持购买力而要求涨工资，企业推动价格上涨，从而产生一个恶性工资-价格螺旋。
Price rises change expectations of inflation, leading workers to bid for wage increases that preserve their buying power and firms to push through price increases, generating a vicious spiral.
特里谢先生担心，现在的情况可能如同70年代一样，更高的整体通货膨胀率会提升通货膨胀预期，引发大幅加薪的需求，从而引发工资价格的螺旋上升。
But Mr Trichet's concern is that higher headline rates could push up inflation expectations, leading to bigger pay demands, and so trigger a wage-price spiral, as in the 1970s.
这使得破坏性的工资——价格螺旋更少可能重现。
This makes a repeat of ruinous wage-price spirals much less likely.
应用推荐