purchasing power

noun

: the amount of money that a person or group has available to spend

Inflation decreases consumer purchasing power.

: 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

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Today, with supply back to near-normal and no waiting lines for most models, consumer purchasing power is starting to rebound. —

Jim Henry, Forbes, 23 Dec. 2024 The businesses say their immense purchasing power helps lower prices for consumers by getting drugmakers to reduce their prices through discounts and rebates. —

Austin Denean, Baltimore Sun, 12 Dec. 2024 Additionally, Moore County boasts a 1.56 purchasing power. —

Allison Kiehl, The Tennessean, 3 Dec. 2024 Mitsotakis recently announced plans to boost people’s purchasing power with an increase in the minimum wage, currently 830 euros, and pensions from January 2025. —

Greg McKenna, Fortune Europe, 20 Nov. 2024 See all Example Sentences for purchasing power

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“Purchasing power.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/purchasing%20power. Accessed 31 Dec. 2024.

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