price levels

Language: en

📖 Definitions

  1. The general level of prices for goods and services in an economy at a specific time, often used to describe inflation or deflation trends.; The range or category of costs associated with products or services, indicating their market positioning (e.g., low, medium, or high price levels).

💬 Examples

  1. Despite various measures, price levels have not yet returned to the central bank's desired targets.

  2. The company decided to lower its price levels to compete more effectively in the budget segment.