purchasing power

Noun

uncountable

(economics) The amount of goods and services that can be bought with a unit of currency. / (economics) The amount of goods and services that can be bought by consumers; available income; spending power.

Japanese Meaning

経済学において、一定の通貨単位で購入できる財やサービスの量、すなわち消費者が利用できる支出能力を示す。

What is this buttons?

Rising inflation has eroded the purchasing power of the average household.

Google Translation / DeepL Translation

インフレの進行は平均的な家庭の購買力を低下させた。

Details

Sense（1）

(economics) The amount of goods and services that can be bought with a unit of currency.

But poverty’s scourge is fiercest below $1.25 (the average of the 15 poorest countries’ own poverty lines, measured in 2005 dollars and adjusted for differences in purchasing power): people below that level live lives that are poor, nasty, brutish and short.

Google Translation / DeepL Translation