slump /slʌmp/ verb [intransitive]
►to fall or lean against something because you are not strong enough to stand
--She slumped with grief.
slump against/over/back/in/into/on/onto etc.
--She slumped against the wall.
--Carol slumped back in her chair, defeated.
--He slumped onto the couch.
--A witness stated that he had seen the driver slump over the wheel immediately before the accident.
►to suddenly go down in price, value, or number
--Sales slumped by 20% last year.
--Oil prices slump four dollars as greenback rises.
slump to
-- The currency slumped to a record low.
--The Dow Jones index slumped 180 to 10,098.2, its lowest since this year.
►(also be slumped) if your shoulders or head slump or are slumped, they bend forward because you are unhappy, tired, or unconscious:
--Her shoulders slumped and her eyes filled with tears.
slumped /slʌmpt/ adjective
-- For the last two years OPEC has reduced the production of oil to boost slumped prices.
slump noun [countable, usually singular]
►a sudden decrease in prices, sales, profits etc
slump in
--A drop in consumer confidence has caused a slump in house sales in 2008.
►a period when there is a reduction in business and many people lose their jobs
--The war was followed by an economic slump.
--Stocks in Taiwan continued to fall on Monday in the wake of a worldwide slump prompted by last week's market plunge in New York, causing Taiwan's economics minister to call for investors to hold their stocks.
►(especially American English) a period when a player or team does not play well
--The team went into a slump.
►landslide in which mass of rock moves as a coherent body
--Heavy rain caused a slump.
in a slump
--The US’ housing market has been in a slump for more than two years.
slumpflation /ˋslʌmpˏfleʃən/ noun
►bad financial period: an economic situation in which an economic depression is accompanied by increasing inflation
-- The Chairman of the Fed in the USA says the current situation is not like the 1970s and the slumpflation crisis at that time.
