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

Recent Examples on the Web

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In essence, that means minimum-wage workers in those states have seen much of their purchasing power vaporized by inflation over the past 15 years. —

Aimee Picchi, CBS News, 24 Oct. 2024 Meanwhile, persistently high inflation has reduced the purchasing power of the country’s roughly 5 million consumers. —

Dylan Butts, CNBC, 6 Sep. 2024 To restore the purchasing power of wages, prices will have to fall, not just stop increasing. —

William Dunkelberg, Forbes, 3 Sep. 2024 Their dedicated following didn’t wait to pick up a copy, and all their purchasing power has sent the title back to a number of charts in the U.S. Instagram May Death Never Stop You: The Greatest Hits 2001-2013 returns to four Billboard charts this week. —

Hugh McIntyre, Forbes, 11 Oct. 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 5 Nov. 2024.

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