Noun
(economics) The amount of goods and services that can be bought with a unit of currency.
The exchange rates do not always reflect true differences in the purchasing power of currencies.
(economics) The amount of goods and services that can be bought by consumers; available income; spending power.
High interest rates are affecting the purchasing power of homeowners.
(business) The ability of a large collective or company to negotiate more favourable prices and terms than a smaller group or company.
Large supermarkets usually have better purchasing power than small, local shops.
Amounts of local currency held are immediately invested to maintain purchasing power * The general population regards monetary amounts not in terms of the local currency but in terms of a relatively stable foreign currency. Source: Internet
According to one estimate, purchasing power went up by 28% between October 1970 and July 1971. Source: Internet
Another key theme of the book is the unreliability of financial indices for representing an accurate – or indeed meaningful – indication of general shifts in purchasing power of currencies over time. Source: Internet
As a consequence, the inflating currency is usually heavily undervalued compared to stable foreign money and in terms of purchasing power parity. Source: Internet
As a result, Banco de México has as its primary objective maintaining stability in the purchasing power of the peso. Source: Internet
As home economics is a very holistic field, one must also incorporate concepts like purchasing power and how consumers can affect the global world. Source: Internet