Synonyms that are in the dictionary are marked in green. Synonyms that are not in the dictionary are marked in red.
Antonyms that are in the dictionary are marked in green. Antonyms that are not in the dictionary are marked in red.
According to him, major challenges include poor market structure, low purchasing power of the populace, inaccessible land for production, high level of insecurity, lack or high cost of electricity power, and poor road infrastructure, among others.
Source: https://guardian.ng/features/agro-care/why-egg-gluts-persist-by-don/
“All of these factors are eroding households’ purchasing power and impacting production.
As this continues to happen, the spiral effect is that many people to lose their jobs and further populate the job market and this will be reflected in the decline of purchasing power in many homes.
But these wins are less indicative of organic popularity than of a new front for the rightwing grievance machine, which increasingly uses purchasing power – boycotting, promotion, viral metrics – to make a point.
Consumer purchasing power could increase as transportation costs drop, and time freed from unpaid driving could increase by ~10 weeks.
Coupled with their loss in purchasing power, this leaves a family about $7,000 poorer than when Mr. Biden took office.
Demand prospects seem uncertain, CMA CGM added, citing dealer inventory destocking in the United States as consumer purchasing power has come under pressure.
“Don’t think that SESB is only capable of purchasing power from IPP to be sold to the consumers; SESB owned the transmission and distribution but not the generation assets.
Source: https://www.theborneopost.com/2023/09/17/sesb-must-generate-sabahs-baseload-demand-tangau/
Figure 7 compares the purchasing power of the Visa dividend (blue bars) with that of a 4.41% bond coupon (red bars) after accounting for 4% inflation.
Furthermore, the longer these collections take, the worse for HCSG not just from a cash-flow standpoint but also from an inflation one (collecting less purchasing power over time).
He decried the lack of purchasing power on behalf of the average resident, the inflated prices of groceries, and the fact that major corporations, like Starbucks, are often not required to pay their fair share.
Source: https://itemlive.com/2023/09/06/the-race-for-peabody-mayor-rob-stevens/
He said the government has prepared tourism measures for the Songkran festival to attract more domestic and international tourists and increase purchasing power.
High inflation, according to the World Bank, meant that around 850,000 Ghanaians have become impoverished due to the effect of high price inflation on their purchasing power in relation to basics: food, fuels and utilities.
Source: https://theheraldghana.com/occupybog-social-protest-movements-and-radical-political-change-in-ghana/
High inflation in many countries also affected consumer purchasing power, resulting in pressure on Thai exports.
However, critics of the fuel subsidy removal argue that it will further weaken the purchasing power of Nigerians and impoverish more citizens in a country where almost half of the population is poor.
However, the interest rates of traditional savings accounts often don’t outpace inflation, which means the purchasing power of your money might diminish over time, even if the nominal amount increases.
However, wage increases have followed the price hikes, energy prices have fallen, and exporters have partially passed on their higher costs, meaning that purchasing power is returning, economists said.
Source: https://www.euronews.com/2023/09/28/the-german-gdp-is-shrinking-by-06-this-year
Inflation-adjusted real wages, a barometer of consumers’ purchasing power, fell 1.6 percent from a year earlier, a faster decrease than May’s 0.9 percent drop, extending a streak of contractions since April 2022.
In related news, purchasing power in Iceland has decreased for the first time since 2012.
Source: https://grapevine.is/news/2023/10/10/policy-interest-rates-at-standstill-purchasing-power-decreased/
Members of Gen Alpha--those born after 2010--may not yet have the same purchasing power as their Gen Z and millennial elders.