price level


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price level

the general level of prices in an economy, as measured by a PRICE INDEX. Price levels in two consecutive time periods are often compared as an indication of INFLATION.
References in periodicals archive ?
The stock is trading 8 times sales, negative book value and traditionally this is a stock where it doesn't pay to chase at the current price level fundamentally.
Denmark had the highest price level for food and non-alcoholic beverages in the EU, at 130% of the EU average, followed by Luxembourg and Austria (both 125%), Ireland and Finland (both 120%) and Sweden (117%).
This was also lower by 0.12 percent compared with last year's price level of P40.71/kg.
'Smuggling will become more prevalent because of demand for these cheaper foreign goods; the current five per cent VAT rate is significantly impacting on general price level already.
As a byproduct, we can obtain the cross-regional price difference index in the Tornqvist formula, by taking the difference between cross-regional TFP differences before and after reflecting regional differences in price levels. The index is used to test whether the Balassa-Samuelson effect, which holds among international economies, also holds among regional economies in Japan.
Wholesale prices of yellow corn grew 1.22 percent to P20.73 per kg from the P20.48-per-kg price level recorded in the first week of August.
Regarding individual V4 countries, the most significant price difference is between Slovakia and Poland, where prices for goods and services are 19 percent lower than in Slovakia on average.People pay less in Hungary as well - 10 percent, whereas the Czechs have a comparable price level to Slovakia, said added Dovalovaacute.
With regard to the impact of US rock oil at price levels, he said that increased production led to imbalance of the market with the increase in supply, which contributed to the weakness of crude oil prices in previous years and other factors, pointing out that there are expectations of continued increase in rock oil production in the coming months.
We note the close relationship between such a change rule and price level or nominal income approaches.
In such a case, there should be no price level surge.
So for today's discussion, I intend to focus on the positive and discuss the one thing that I think we should be pretty certain monetary policy can indeed do, and that is to determine the long-run path of the price level. Recent experience has caused some to question whether monetary policy's ability to achieve even this modest goal has diminished or been lost in the years since the Great Recession.
Intermodal rail registered a 0.9% price increase in November and reported a three-month price level that exceeded year-ago prices.