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The phrase "stagnation of" is correct and usable in written English
It can be used to describe a state of inactivity or lack of progress in a particular context, such as economics, personal development, or social issues. Example: "The stagnation of the economy has led to increased unemployment rates and reduced consumer spending."
Exact(60)
Equally concerning is the stagnation of wages.
Economists offer various reasons for the stagnation of wages.
There's a stagnation of souls, even with a developing economy".
Economists have other explanations for the stagnation of middle incomes and the mushrooming income gap.
"It is linked to the stagnation of the construction industry in Western Europe".
She cited Defra statistics that showed a stagnation of recycling in London boroughs while incineration increased.
The stagnation of the incomes of middle-class Americans is a fact.
Today, many Russians long for a return to the secure stagnation of the Brezhnev years.
And it would address the stagnation of large parts of the country outside the south-east.
One reason for this shift is the intellectual stagnation of the regime.
The first is the stagnation of middle-class wages and widening inequality.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com