purchasing power

noun

1
: the amount of money that a person or group has available to spend
Inflation decreases consumer purchasing power.
2
: the value of money thought of as how much it can buy
a decline in the purchasing power of the dollar

Examples of purchasing power in a Sentence

Recent Examples on the Web
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An inflation calculator shows that the real average hourly earnings for 2023 should equal $11.44 in December 2024 to maintain the same purchasing power. John Yoo and John Shu, Newsweek, 23 Jan. 2025 To put this in perspective, if the Hispanic consumer segment were ranked alongside the world's largest economies, its purchasing power would be 10th globally—just behind Italy and Brazil and ahead of Canada. 4. Isaac Mizrahi, Forbes, 23 Jan. 2025 Elevated inflation levels have eroded consumer purchasing power, decreasing demand and consumption. Michael Khouw, CNBC, 13 Jan. 2025 The national currency, the ruble, fell in November to its weakest level since the start of the war, reducing Russia’s purchasing power. Alan Rappeport, New York Times, 10 Jan. 2025 See all Example Sentences for purchasing power 

Dictionary Entries Near purchasing power

Cite this Entry

“Purchasing power.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/purchasing%20power. Accessed 10 Feb. 2025.

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