Definitions
There is 1 meaning of the phrase
Price Level.
Price Level - as a noun
An index that traces the relative changes in the price of an individual good (or a market basket of goods) over time
Synonyms (Exact Relations)
price indexHypernyms (Closely Related)
index13index numberindicant11indicator12Hyponyms (Broadly Related)
Example Sentences
"The price level of groceries has increased significantly in recent months."
"The government is monitoring the price level of housing to prevent a housing bubble."
"A stable price level is crucial for a healthy economy."
"The price level of imported goods has dropped due to a decrease in tariffs."
"High inflation can lead to an increase in the price level of goods and services."
