Purchasing power - The amount of goods and services which can be purchased by a given unit of currency after taking into account the effect of inflation. Purchasing power can be assessed by tracking an index of consumer prices and comparing different periods, for example the early 1990s and the current time. Inflation will result in reduced purchasing power over a period of time.
Purchasing power : the amount of goods and services which can be purchased by a given unit of currency after taking into account the effect of inflation. purchasing power can be assessed by tracking an index of consumer prices and comparing different periods, for example the early 1990s and the current time. inflation will result in reduced purchasing power over a period of time.
Purchasing power