price levels
How expensive things are
Price levels refer to the general cost of goods and services in an economy at a given time.
Economists track price levels to measure inflation and purchasing power: Rising price levels erode the value of savings.
The term appears in discussions of monetary policy, where central banks aim to maintain stable price levels.
In business contexts, price level may simply mean the range at which something sells: luxury price levels, entry-level price levels.
State of being purchasable
- expensesMoney spent on things
- rentPayment for temporary use
- groceriesFood bought at stores
- utilitiesEssential infrastructure services
housing · healthcare · transportation · childcare · education · insurance · wages · income
Act of ascending
- increaseGrowth in amount
- surgeSudden powerful increase
- spikeSharp rise or point
- escalationProgressive increase in intensity
soaring · hike · growth · uptick · climb · appreciation · expansion · purchasing power
State of balance
- steadyFixed, not fluctuating
- constantFixed, unvarying quantity
- anchoredFixed securely in position
- controlledKept within limits
target · maintenance · ceiling · floor · regulation · peg · benchmark · baseline
Moving downward freely
- decreaseBecome or make smaller
- dropFall or release
- declineDecrease or refuse
- reductionMaking something smaller
slump · contraction · downturn · depreciation · erosion · tumble · dip · deflationary
affordability
State of being purchasable
utilities · housing · healthcare · transportation · childcare · education · insurance · wages · income · budget
rising
Act of ascending
escalation · soaring · hike · growth · uptick · climb · appreciation · expansion · purchasing power · hyperinflation
equilibrium
State of balance
controlled · target · maintenance · ceiling · floor · regulation · peg · benchmark · baseline · threshold
falling
Moving downward freely
reduction · slump · contraction · downturn · depreciation · erosion · tumble · dip · deflationary · disinflation
- living costsutility bills, healthcare costs, monthly expenses, living expenses, childcare costs
- economicssupply and demand, inflation, GDP, GNP, gross domestic product
- business cyclesboom, bust, contraction, expansion, peak
price levelsunit prices
Cost per standard measure
price tags · sticker prices · retail prices · retail price · market prices
price levelsprice fluctuations
Changes in cost levels
inflation rate · price volatility · inflation · deflation · price trends
level, price, prices, priced, pricing, overprice, pricier, underprice, priciest