Your English writing platform
Discover LudwigExact(34)
The country is experiencing deflation, or a decline in price levels.
Even the small fluctuations in price levels were enough to prompt talk of creeping inflation.
Otherwise, it would have no control over trends in price levels and would be unable to meet its mandate and prevent inflation and deflation.
Many economists therefore prefer to use purchasing-power parities (PPPs), which take account of variations in price levels, to measure the relative size of economies.
Interest and principal are usually payable in fixed monetary units, but they may be payable in amounts with fixed purchasing power based on changes in price levels.
Comparisons over time need to be adjusted for variations in price levels, but this is not always a simple matter, especially given differences in inflation rates between countries.
Similar(26)
Price-wise, actually, commercial real estate has fallen in price level more than housing.
We applied the Leontief price model, to find the increase in price level due to additional demand in food grain prices.
Similarly a $1 increase in the output price level is associated with a 70% reduction in the rate of decertification, suggesting very high sensitivity of the rate of decertification to changes in price level.
From 2006 to 2011/12 the change in price level for fruits, vegetables and legumes was 0.0 %, −2.8 % for cold meat and sweet foods, −4.9 % for fish and −2.5%% for meat.
Again, we'll have to see how iPad owners respond to differences in pricing levels across categories over time before jumping to any conclusions.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com