What's the meaning of  Stagflation (Stagnant Economy with Inflation)？

Stagflation is a term used to describe an economic condition where there is both high inflation and stagnant economic growth. This is a rare and undesirable situation because it means that prices are rising, but the economy is not growing, which can lead to high unemployment and decreased consumer confidence. Stagflation can occur when there is a supply shock, such as a sudden increase in the price of oil, or when there is a lack of investment in the economy. It is a difficult condition to address because traditional monetary and fiscal policies may not be effective in addressing both high inflation and stagnant growth at the same time.