Vocab Bloom Hub

price level

/ˈpraɪs ˌlɛvəl/

1 entry

phrase

/ˈpraɪs ˌlɛvəl/B2formalbusiness
  • ruТермин, используемый в экономике и бизнесе для обозначения среднего или общего уровня цен на товары и услуги в экономике или на рынке в определённый момент времени.

A term used in economics and business to refer to the average or general level of prices for goods and services in an economy or market at a given time.

  1. General price rangeB2formal

    The average or typical cost of goods and services in a particular market or economy at a given time.

    ruУровень цен

    • The price level in this city is much higher than in rural areas.
    • Economists monitor the price level to track inflation.
    • Rising price levels affect consumer purchasing power.
  2. Relative cost categoryB1formal

    A specific tier or category of cost, such as low, medium, or high, used for comparing products or services.

    ruУровень цен

    • This restaurant offers meals at a moderate price level.
    • The company targets the premium price level for its luxury goods.
    • We need to adjust our price level to stay competitive.