Definition of "demand-pull" []

• Increased demand for a limited supply of goods and services, tending to cause consumer prices to increase. (noun)

American Heritage(R) Dictionary of the English Language, Fifth Edition. Copyright (c) 2011 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

• ""The central bank's rhetoric in the policy statement remains hawkish, recognizing that the economy is growing above trend, that upside risks on the 2011 inflation outlook remain under higher oil prices, and that rising inflation expectations may impact on future wages and trigger domestic demand-pull driven inflationary spiral," said Vincent Tsui, an economist at HSBC."
• "Core inflation, which excludes volatile energy and food prices, reached an 18-month high of 3.1% last month, suggesting that demand-pull inflation pressure is also building up."
• ""With output staying near potential and with no substantial demand-pull inflation, Bank Negara should hold policy rates for the rest of year," Mr. Kit said, adding that other supporting factors include household leverage of around 77%, the stronger ringgit and the U.S."