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Flashcards based on the provided economics vocabulary and collocations transcript.
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Surge
/s3:rd3/ (сёрдж) — резкий рост, скачок
Plunge
/plʌnd3/ (пландж) — обвал, резкое падение
Downturn
/'daunts:rn/ (даун-тёрн) — спад
Backdrop
/'bækdrbp/ (бэкдроп) — фон, экономическая обстановка
surge in inflation
A sustained or sudden sharp increase in the rate of inflation.
plunge in oil prices
A rapid and significant drop in the cost of oil.
economic downturn
A period of decline in economic activity or a recession.
against the backdrop of…
Occurring in or influenced by a particular economic situation or background context.